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Cognyte acquires GroupSense for $9M

May 21, 20257 months ago

Acquiring Company

Cognyte Software

Acquired Company

GroupSense

HerzliyaArlingtonSoftwareAnalyticsInformation Technology

Description

Cognyte Software Ltd. has announced its acquisition of GroupSense, Inc. for approximately $9 million. This move aims to enhance Cognyte's U.S. growth strategy and expand its global customer base. The acquisition will enable GroupSense customers to adopt Cognyte's advanced cyber threat intelligence platform.

Company Information

Company

Cognyte Software

Location

Herzliya, Tel Aviv, Israel

About

Cognyte is a leading software-driven technology company, focused on solutions for data processing and investigative analytics that allow customers to generate Actionable Intelligence for a Safer World™. Cognyte’s solutions empower law enforcement, national security, national and military intelligence agencies, and other organizations to navigate an increasingly complex threat landscape. With offerings that leverage state-of-the-art technology, including Artificial Intelligence (AI), big data analytics and advanced machine learning, Cognyte helps customers make smarter, faster decisions with their data for the best possible outcomes. Hundreds of customers rely on Cognyte’s investigative analytics solutions to uncover critical insights from past events and anticipate emerging threats. By harnessing AI-driven intelligence, Cognyte accelerates investigations with exceptional speed and accuracy while enabling customers to better investigate, anticipate, predict and mitigate risks with greater precision.

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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