Novawurks Announces Acquisition Of Its Equity

Aug 12, 2022•almost 3 years ago

Acquiring Company

NovaWurks

Acquired Company

Equity

Hong Kong

Description

NovaWurks has acquired all outstanding equity not controlled by its founder Mr. Talbot Jaeger.

Company Information

Company

NovaWurks

About

NovaWurks provides a variety of solutions as part of its SLEGO architecture-based modules which include Hyper-Integrated Satlets (HISats) which are flexible building blocks that are distributable, aggregable, scalable and customizable to meet a customer's individual project requirements. The nature of the products are to provide component solutions that are rapidly adaptable to match a customer's unique specifications. Website: www.novawurks.com Media Contact: Jeffrey Mackay 342481@email4pr.com844-NovaWurks SOURCE NovaWurks Inc.

DealWatch™ Score

High M&A Activity

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Integration 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

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