Hudl completes acquisition of StatsBomb to enhance professional sports solutions
Aug 12, 2024•over 1 year ago
Acquiring Company
Hudl
Acquired Company
StatsBomb
Description
Hudl, the world’s leading provider of cloud-based technology for the sports industry, has successfully acquired StatsBomb. This strategic move aims to combine Hudl’s video capabilities with StatsBomb’s data and statistical models to provide deeper insights and analysis for sports teams worldwide.
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