Preliminary research by Aquaa Partners indicates that industrial equipment companies that executed at least one “techquisition” have performed better in terms of share price returns over every time period reviewed (from 1 month to 5 years), and 4x better over three years, than those companies that have not taken any action regarding a techquisition.
In fact, this impact is even more noticeable if we only consider small and medium-sized companies in the same segment – those that executed at least one techquisition performed even better over the same time periods and 6.4x better over three years than companies that have not undertaken any investments or acquisitions of technology companies.