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Orbia’S Connectivity Solutions Business, Dura-Line, Acquires Biarri Networks

Oct 04, 2022•almost 3 years ago

Acquiring Company

Orbia

Acquired Company

Biarri Networks

Agriculture and FarmingWirelessHardwareInformation TechnologySoftware

Description

Orbia’s Connectivity Solutions business, Dura-Line, announced today that it has acquired Biarri Networks, a leading Denver-based technology provider that specializes in fiber optic network design solutions for the global telecommunications industry. The strategic investment in Biarri Networks’ software and services complements Dura-Line’s infrastructure expertise and supports Dura-Line in extending its end-to-end offerings.

Company Information

Company

Orbia

About

Orbia is a company driven by a shared purpose: to advance life around the world. Orbia operates in the Polymer Solutions (Vestolit and Alphagary), Building and Infrastructure (Wavin), Precision Agriculture (Netafim), Connectivity Solutions (Dura-Line) and Fluorinated Solutions (Koura) sectors. The five Orbia business groups have a collective focus on expanding access to health and wellness, reinventing the future of cities and homes, ensuring food and water security, connecting communities to information, and accelerating a circular economy with basic and advanced materials, specialty products and innovative solutions. Orbia has commercial activities in more than 110 countries and operations in over 50, with global headquarters in Boston, Mexico City, Amsterdam and Tel Aviv. To learn more, visit: orbia.com.

M&A Insights

Based on deal data
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
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed