Acquiring Company
Sushi
Acquired Company
Vortex
Description
via NewMediaWire -- Sei, a Cosmos-based Layer 1 blockchain purpose-built to give traders an unfair advantage, today announced that Vortex protocol has been acquired by Sushi, and will launch as a new decentralized perpetuals exchange with fully on-chain order matching on Sei’s mainnet, which will launch in Q2.
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