Audioeye Acquires Square Ada, Brings Web Accessibility Technology To Squarespace Users
Feb 01, 2022•over 3 years ago
Acquiring Company
AudioEye
Acquired Company
Square ADA
Description
AudioEye, Inc. (NASDAQ: AEYE), the industry-leading digital accessibility provider, today announced it has acquired Square ADA, a trusted accessibility solution in the Squarespace ecosystem. The deal, which includes all Square ADA properties and active clients, will help provide its customers with more robust, ongoing digital accessibility solutions and expertise.
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