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Solvd, Inc. acquires Tooploox for AI growth

Jun 04, 2025•7 months ago

Acquiring Company

Solvd

Acquired Company

Tooploox

Walnut CreekWrocławInformation TechnologySoftwareArtificial IntelligenceInformation TechnologySoftware

Description

Solvd, Inc. has announced the acquisition of Tooploox, enhancing its AI development capabilities. This move aims to integrate Tooploox's expertise into Solvd's services, focusing on AI transformation for global clients. The acquisition bolsters Solvd's commitment to delivering measurable business impact through advanced AI solutions.

Company Information

Company

Solvd

Location

Walnut Creek, California, United States

About

Solvd Inc. is an end-to-end software engineering and consulting company headquartered in California with over 800 employees located across Latin America, North America, and Europe. The company delivers exceptional engineering and digital solutions to Fortune 500 clients across high-growth industries including financial services, retail & e-commerce, healthcare & life sciences, social media, software, and more.

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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