Hudson Interxchange (Formerly Datagryd) Announces Major Rebranding And Expansion Plans Following Recent Acquisition By Cordiant
Jun 28, 2022•about 3 years ago
Acquiring Company
Cordiant
Acquired Company
Hudson Interxchange
Description
Hudson Interxchange (Hudson IX), formerly DataGryd Data Centers, has announced a major rebranding effort as part of its new name and planned expansion at 60 Hudson Street in New York City, one of the most important Internet hubs in the nation.
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