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Blend360 Acquires Futureproofai, Inc., Further Enhancing Customer Decision Hub Implementations With Advanced Data And Analytics Expertise

May 23, 2023•over 2 years ago

Acquiring Company

Blend

Acquired Company

FutureproofAI

ColumbiaBig DataInformation TechnologySoftwareAnalyticsData VisualizationData MiningInformation TechnologySoftware

Description

Blend360, a leading data science solutions provider, today announced its acquisition of FutureproofAI, Inc, in a continued expansion to Blend360's global capabilities. FutureproofAI is a specialist technology consultancy renowned for its implementation of Omnichannel decision management solutions.

Company Information

Company

Blend

Location

Columbia, Maryland, United States

About

Blend is a global leader in AI-powered data science, combining cutting-edge technology, human expertise, and a relentless focus on client success. Since 2015, Blend has delivered transformative solutions across industries, turning bold visions into measurable results.

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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