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Aquiline Drones Acquires Elluminai Labs To Create Deep Learning Drones

Sep 15, 2021about 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

Company Information

Company

Aquiline Drones

About

Aquiline Drones (AD) is an American drone manufacturer and cloud solutions company located in the financial district of Hartford, Connecticut. Founded by highly experienced aviators, systems engineers, IT gurus, and business strategists, AD delivers a vertically integrated blend of products and services. AD’s ecosystem includes a hybrid aviation cloud with edge capabilities for commercial drones, U.S.-based drone manufacturing, 'maintenance-repair-overhaul' services, unmanned aerial systems (UAS) solutions for large enterprises and governments. Complimenting the company's technology is its superior line of Spartacus AI drone products, a robust UAS training academy, and the country's first 'drone-on-demand' service, enabling customers to order drone services through a proprietary mobile app. AD's full-spectrum of technological solutions are widely applicable across industries and environments for superior, real-time data processing, modeling, and insight. Visit http://www.aquilinedrones.com for more information.

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