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Slate Technologies Acquires Splash Modular

Apr 26, 2022•about 3 years ago

Acquiring Company

Slate Technologies, Inc.

Acquired Company

Splash Modular

PleasantonOther

Description

Slate Technologies, an AI software platform for the construction industry, today announced that it has acquired Splash Modular, a North Carolina-based software designer for the Industrialized Construction & Design for Manufacturing and Assembly (DFMA) market. As a result of the acquisition, Splash will operate as part of Slate Technologies.

Company Information

Company

Slate Technologies, Inc.

Location

6600 KOLL CENTER PARKWAY

Pleasanton, California, United States

About

Introducing Slate, a virtual assistant designed to take the guesswork out of construction and help you deliver dramatically better projects.

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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