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Devsinc acquires Cloud-1 for Salesforce expansion

Jun 15, 20256 months ago

Acquiring Company

Devsinc

Acquired Company

Cloud-1

San FranciscoDubaiInformation TechnologySoftwareSoftware

Description

Devsinc has announced its strategic acquisition of Cloud-1, enhancing its capabilities in Salesforce solutions. This move aims to position Devsinc as a leading enterprise IT partner in the growing CRM market. The acquisition follows Devsinc's previous acquisition of Alchemative Group and aligns with its goal to capture significant market share. Cloud-1's deep expertise in the Salesforce ecosystem will complement Devsinc’s offerings in AI and cloud infrastructure.

Company Information

Company

Devsinc

Location

San Francisco, California, United States

About

Devsinc is a global organization committed to driving agility, innovation, and IT excellence worldwide. With over 15 years of enablement experience, we’ve successfully delivered more than 3,000 projects and currently support 236+ active clients across 23+ countries. Our global footprint includes two state-of-the-art delivery centers in Southeast Asia and four strategically located offices across three continents. Guided by visionary leadership with deep international expertise, Devsinc continues to empower businesses through world-class technology solutions.

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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