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Exadel Announces New Acquisition Of Motion Software

Jul 12, 2022•over 3 years ago

Acquiring Company

Exadel

Acquired Company

Motion

Walnut CreekSan FranciscoFinancial ServicesOtherInformation Technology

Description

Exadel (www.exadel.com), a global software consultancy and engineering company, today announced the recent acquisition of software engineering company Motion Software (https://motion-software.com/), which specializes in blockchain, AI, analytics, healthcare, and eLearning, and is the creator of a leading remote work platform that enables tech companies to engage with top digital talent worldwide.

Company Information

Company

Exadel

Location

1340 TREAT BLVD.

Walnut Creek, California, United States

About

Exadel is a software engineering company that delivers the digital platforms, products, and applications our clients need to run and grow their businesses. For more than 20 years we have developed solutions that accelerate the speed, quality, and efficiency of our delivery while adding value to our customers. Since the advent of the cloud, Exadel has helped companies get the most out of their data, reducing expenditure and increasing scalability and access. A Forrester-recognized market leader in distributed Agile, we are proud of our long history of partnering with the largest brands across all industries. For more information on Exadel services and areas of expertise, visit exadel.com and follow us on Linkedin and Twitter @exadel.

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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