Acquiring Company
CorsairM360
Acquired Company
Material Intellect
Description
CorsairM360, a full-service API management technology company today announces the acquisition of Material Intellect, a system integrator focused on delivering artificial intelligence (AI) driven data aggregation and analytics solutions.
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