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Altana acquires Cervo AI for customs automation

PRIVATEAug 07, 2026•1 day ago

Acquiring Company

Altana

Acquired Company

Cervo AI

BrooklynInformation TechnologySoftwareMachine LearningNatural Language ProcessingArtificial IntelligenceLogistics

Description

Altana has acquired Cervo AI to enhance its customs brokerage capabilities through automation. The acquisition aims to address bottlenecks caused by frequent changes in tariff and trade policies. By integrating Cervo AI's platform, Altana seeks to improve efficiency for importers managing complex supplier networks.

Company Information

Company

Altana

Location

25 Kent Avenue, Suite 501

Brooklyn, New York, United States

About

The new funding comes just a year after the company raised a much smaller series A round of $15 million in September 2021. Currently, the Altana platform has a strong focus on trade, including supply chain resiliency and visibility, as well as helping organizations understand business continuity risks. The platform could also provide visibility into the upstream supply chain for a vendor, to make sure it is making sustainable choices. Though it’s still a young company, Altana has some big-name customers on its roster already, including U.S. Customs and Border Protection, Boston Scientific, BMW, Maersk and Merck. Smith explained that Altana uses AI for several purposes. Altana uses AI to provide analytics and decision support on top of its supply chain map of the world. Smith said that Altana uses multiple AI technologies, including natural language processing (NLP), graph neural networks and spatial statistics.

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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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