Gideon Taylor Acquires Intrasee, Aims To Open Enterprise Systems To Casual Users With Conversational Ai
Mar 07, 2022•over 3 years ago
Acquiring Company
Gideon Taylor
Acquired Company
IntraSee
Artificial IntelligenceScience And EngineeringData And AnalyticsSoftwareInformation TechnologyHardwareMobileSoftware
Description
Gideon Taylor Consulting, LLC and IntraSee, Inc. announced today that Gideon Taylor has acquired IntraSee, an enterprise UX and conversational AI pioneer. The acquisition includes Ida Artificial Intelligence, Inc. and its powerful AI-driven digital assistant for the enterprise, Ida. The IntraSee team of artificial intelligence and UX innovators will help Gideon Taylor bring unprecedented usability to enterprise application suites like PeopleSoft and Oracle Cloud.
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