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SMC Entertainment, Inc. collaborates with Plato Technologies Inc. for AI content disruption and management

Apr 19, 2024•over 1 year ago

Acquiring Company

SMC Entertainment

Acquired Company

Plato Technologies

Boca RatonNew YorkFinancial ServicesInformation Technology

Description

SMC Entertainment, Inc. (SMC) is pleased to announce a marketing agreement and collaboration with Plato Technologies Inc., a company specializing in AI content disruption and AI management systems. Through this collaboration, SMC will market Plato's platform directly to web and content development teams and have agreed on a revenue sharing agreement after deducting individual client acquisition costs.

Company Information

Company

SMC Entertainment

Location

Boca Raton, Montana, United States

About

SMC Entertainment, Inc. is a versatile holding company focused on the acquisition and support of proven commercialized financial services and technology (Fintech) companies. SMC's multi-discipline growth by acquisition approach is to enhance revenues and shareholder equity.

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