Veralto Acquires TraceGains for $350M, Expanding Its Product Quality Solutions
Portfolio Pulse from Benzinga Newsdesk
Veralto Corporation has acquired TraceGains for $350 million to enhance its product quality solutions. This acquisition is expected to create synergies with Veralto's existing digital workflow solutions, potentially accelerating growth and improving efficiency.
October 07, 2024 | 11:05 am
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Veralto Corporation has acquired TraceGains for $350 million, aiming to enhance its product quality solutions. The acquisition is expected to create synergies with Veralto's existing digital workflow solutions, potentially accelerating growth and improving efficiency.
The acquisition of TraceGains by Veralto is a strategic move to enhance its product quality solutions. The integration with Veralto's existing digital workflow solutions is expected to create synergies, potentially accelerating growth and improving efficiency. This positive development is likely to have a favorable impact on Veralto's stock price in the short term.
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