Cellebrite To Acquire Digital Clues, Strengthening Its Market Leading Position As The End-To-End Investigative Digital Intelligence Platform Provider
Oct 21, 2021•about 4 years ago
Acquiring Company
Cellebrite
Acquired Company
Clues
Description
Cellebrite (Nasdaq: CLBT), a leader in Digital Intelligence (DI) solutions for the public and private sectors, today announced it has signed a definitive agreement to acquire the assets of open-source intelligence firm Digital Clues AG ("Digital Clues"). The acquisition strengthens Cellebrite's market-leading Digital Intelligence platform, reinforces our position as the end-to-end technology partner capable of digitizing the entire investigative workflow, and is expected to aid in growing the company's footprint within law enforcement intelligence and investigation units across the globe.
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