logo
Intelligence
Tracking
Tools
logo
Intelligence
Tracking
Tools

Tempest completes acquisition of Jupiter Destination CRM Technology from Visit Indy, enhancing iDSS CRM functionality

Feb 29, 2024•almost 2 years ago

Acquiring Company

Tempest

Acquired Company

Visit Indy

San FranciscoIndianapolisSoftwareHospitality

Description

Tempest, a leading provider of website, CRM, and digital marketing solutions, has strategically acquired the proprietary destination CRM technology, Jupiter, from Visit Indy. This acquisition will elevate Tempest's iDSS CRM functionality and accelerate the development of the next generation of Tempest's CRM solutions for destination marketing organizations.

Company Information

Company

Tempest

Location

San Francisco, California, United States

About

Tempest delivers a ready-to-use self-serve platform, empowering developers to automate building, deploying and managing their apps with built-in security and compliance. Tempest combines everything teams need from a service catalog and software ownership to powerful end-to-end automations, enabling organizations to accelerate time to market, boost productivity, and maximize engineering ROI.

Related People

Sign in to view contact details

Sign in to view contact details

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