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Cloverleaf Networks Acquires Ryver To Enhance Its Top-To-Bottom Technology Stack For Businesses

Oct 18, 2022•about 3 years ago

Acquiring Company

Cloverleaf Networks

Acquired Company

Ryver, LLC

ScottsdaleVoipCyber SecurityHardwareInformation Technology

Description

Cloverleaf Networks announced today the acquisition of the Ryver workforce collaboration platform that will add workgroup efficiency, artificial intelligence (AI), and internet of things (IoT) functionality to the company's connectivity, cyber security and wide area networking solutions forming a top-to-bottom, wire-to-workgroup business stack.

Company Information

Company

Cloverleaf Networks

About

Scottsdale-based Cloverleaf Networks is empowering workforces with top-to-bottom technology that connects people, places, and devices efficiently, saving client companies millions. Incorporating internet services, cyber security, SD-WAN cloud computing, voice communications, collaboration, automation, and (IoT), Cloverleaf takes businesses from "wire-to-workgroup and beyondTM." © 2022 Cloverleaf Networks. Cloverleaf Networks, Wire to Workgroup and Beyond are trademarks. Product and company names mentioned herein are trademarks or registered trademarks of their respective companies and used for identification purposes. For more information: Kathy Heasley pr@cloverleafnetworks.com Mobile - 480-209-7293 SOURCE Cloverleaf Networks

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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