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Audioeye Acquires Square Ada, Brings Web Accessibility Technology To Squarespace Users

Feb 01, 2022over 3 years ago

Acquiring Company

AudioEye

Acquired Company

Square ADA

TucsonArtificial IntelligenceInformation TechnologySoftware

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.

Company Information

Company

AudioEye

Location

Tucson, Arizona, United States

About

AudioEye exists to ensure the digital future we build is inclusive. By combining the latest AI automation technology with guidance from certified experts and direct input from the disability community, AudioEye helps ensure businesses of all sizes — including over 122,000 customers like Samsung, Calvin Klein, and Samsonite — are accessible and usable. Holding 23 US patents, AudioEye helps companies solve every aspect of digital accessibility with flexible approaches that best meet their needs. The comprehensive solution includes 24/7 accessibility monitoring, automated accessibility fixes, expert testing, developer tools, and industry-leading legal protection.

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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