logo
Intelligence
Tracking
Tools
logo
Intelligence
Tracking
Tools

IgniteTech acquires Khoros for AI transformation

May 27, 2025•7 months ago

Acquiring Company

IgniteTech

Acquired Company

Khoros

AustinAustinMachine LearningArtificial IntelligenceInformation TechnologySoftware

Description

IgniteTech has announced the acquisition of Khoros, a platform for digital customer engagement. This strategic move aims to integrate IgniteTech's proven AI technologies with Khoros' offerings. The acquisition will enhance Khoros' products, creating smarter digital interactions for brands. Both companies emphasize the importance of AI in maintaining customer connection in an evolving market.

Company Information

Company

IgniteTech

Location

Austin, Texas, United States

About

IgniteTech is a leader in enterprise software, offering a powerful platform that helps organizations grow revenue, optimize expenses, and accelerate digital transformation. Through a unique model that gives every customer access to the entire product portfolio, IgniteTech empowers businesses to achieve more with flexible, high-impact software solutions designed to drive measurable results across all operations.

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