Inscripta® Acquires Infinome Biosciences And Sestina Bio To Advance Sustainable Biomanufacturing
Jan 18, 2023•over 2 years ago
Acquiring Company
Inscripta
Acquired Company
BIOSCIENCES
Description
Inscripta, a global leader in genome engineering technology, announced today the acquisition of two pioneers of synthetic biology – Infinome Biosciences and Sestina Bio, which advance Inscripta's strategy to develop and commercialize bio-manufactured products for a broad spectrum of industrial and consumer markets.
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed