Tacen Announces Acquisition Of Japanese Software Company, Kawazu Sakura Software
Apr 26, 2022•about 3 years ago
Acquiring Company
Tacen
Acquired Company
Kawazu Sakura Software
SoftwareConsumer GoodsMobileSoftware
Description
Tacen, a legal-first crypto software company, has announced its acquisition of Japanese software company, Kawazu Sakura Software. Kawazu Sakura Software is composed of skilled software developers aiming to create high-quality mobile and web applications through the utilization of emerging technologies. The acquisition has more than doubled Tacen’s engineering team and will accelerate the development of Tacen’s novel hybrid-decentralized exchange (hDEX) solution.
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