Acquiring Company
Snapchat
Acquired Company
Saturn
Description
Snapchat has officially acquired Saturn, a popular social calendar app that has gained traction among students in the United States. This acquisition signals Snapchat's intent to expand into social planning, integrating Saturn’s functionalities to enhance its core features. Users of Saturn can expect the app to remain operational while benefiting from Snapchat's ecosystem.
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