CUBE completes acquisition of Thomson Reuters Regulatory Intelligence and Oden to accelerate innovation
May 16, 2024•over 1 year ago
Acquiring Company
Cube
Acquired Company
Thomson Reuters Regulatory Intelligence
Description
CUBE, a global leader in Automated Regulatory Intelligence (ARI) and Regulatory Change Management (RCM), has announced its acquisition of the Thomson Reuters Regulatory Intelligence and Oden products and businesses. This acquisition represents a major step forward in CUBE's growth plans, delivering significant scale across many of the world's leading and systemically important financial institutions. The combination of CUBE's purpose-built AI with the years of content curated by Thomson Reuters Regulatory Intelligence and Oden expert analysts will accelerate innovation, delivering regulatory transformation capabilities for global customers.
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