Perforce Completes Blazemeter Acquisition

Nov 01, 2021•over 3 years ago

Acquiring Company

Perforce Software

Acquired Company

BlazeMeter

MinneapolisSecurityInformation TechnologySoftware

Description

Perforce Software, a provider of solutions to enterprise teams requiring productivity, visibility, and scale along the development lifecycle, announced that it has completed the acquisition of the BlazeMeter Continuous Testing platform from Broadcom, announced last month.

Company Information

Company

Perforce Software

Location

Minneapolis, Minnesota, United States

About

Perforce powers innovation at unrivaled scale. Perforce DevOps solutions future-proof competitive advantage by driving quality, security, compliance, collaboration, and speed – across the technology lifecycle. We bring deep domain and vertical expertise to every customer, so nothing stands in the way of success. Our global footprint spans more than 80 countries and includes over 75% of the Fortune 100. Perforce is trusted by the world's leading brands to deliver solutions to even the toughest challenges. Accelerate technology delivery, with no shortcuts. Get the Power of Perforce.

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

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