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Lattice acquires Mandala Technology for AI growth

PRIVATEMar 31, 20262 months ago

Acquiring Company

Lattice

Acquired Company

Mandala Technology

San FranciscoInformation TechnologySoftwareMedia And EntertainmentSoftwareArtificial IntelligenceEducationCorporate Training

Description

Lattice has announced the acquisition of Mandala Technology, enhancing its People + AI strategy. Founder Tarun Galagali joins Lattice to advance AI-native capabilities within its platform. This acquisition aims to revolutionize performance management by integrating real-time AI insights for managers. Lattice positions itself as a leader in creating an AI-native people intelligence platform.

Company Information

Company

Lattice

Location

360 Spear St

San Francisco, California, United States

About

Lattice is the people management platform that enables people leaders to develop engaged, high-performing teams. By combining continuous performance management, employee engagement, development, and growth in one solution, HR and People teams get powerful, real-time analytics that leads to actionable insights turning managers into leaders, employees into high-performers, and companies into the best places to work. Based in San Francisco, Lattice serves over 3,700 customers including Slack, Cruise, and Reddit, and was ranked no. 22 on the 2020 Inc. 5000 Fastest Growing Private Companies list. Learn more about Lattice by visiting: www.lattice.com. SOURCE Lattice

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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