Visa to acquire British cybersecurity firm Featurespace to enhance fraud detection and risk-scoring solutions
Sep 27, 2024•about 1 year ago
Acquiring Company
Visa
Acquired Company
Featurespace
Description
Visa has announced its plan to acquire Featurespace, a UK-based cybersecurity and analytics software firm. This acquisition aligns with Visa’s commitment to strengthening its portfolio of fraud detection and risk-scoring solutions, providing clients around the world with innovative tools to combat financial fraud.
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