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RapidSOS completes acquisition of eDispatches to enhance first response communications

Sep 19, 2024•about 1 year ago

Acquiring Company

RapidSOS

Acquired Company

eDispatches

New YorkKinnelonPublic SafetySecurityPublic SafetySecurity

Description

RapidSOS, the intelligent safety company, has announced the acquisition of eDispatches, an industry leader in providing communication services to emergency responders. This strategic move aims to provide the critical situational awareness needed in an emergency by leveraging RapidSOS’ intelligent safety platform and eDispatches’ communications technology to field responders in an emergency. This acquisition further advances RapidSOS’ emergency response ecosystem to provide public safety agencies throughout the US with contextual data that extends to field responders responding to an emergency.

Company Information

Company

RapidSOS

Location

3 Park Ave, 22nd Floor

New York, New York, United States

About

RapidSOS is the leading public safety AI company that unlocks mission-critical intelligence for emergency response. It harnesses artificial and human intelligence to fuse life-saving data from the world's largest safety network, which includes over 600 million connected devices and 200+ global technology companies. This intelligence is delivered to 22,000+ federal, state, local, and defense agencies, serving one million first responders. RapidSOS has supported over one billion emergencies in a dozen countries, powering RapidSOS HARMONY, the first purpose-built AI for public safety, designed to save critical time by automatically detecting emergencies, unifying real-time data and video streams, and coordinating a faster, more effective response.

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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