Aquiline Drones Acquires Elluminai Labs To Create Deep Learning Drones
Sep 15, 2021•about 4 years ago
Acquiring Company
Aquiline Drones
Acquired Company
ElluminAI Labs
Consumer GoodsScience And EngineeringConsumer ElectronicsSoftwareHardwareArtificial IntelligenceScience And EngineeringData And AnalyticsInformation TechnologySoftware
Description
All Roads Lead to Artificial Intelligence (AI) with New Drone Industry Deal
M&A Insights
Based on deal dataIntegration 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