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Idera, Inc. Acquires Saas Industries

Mar 22, 2022•over 3 years ago

Acquiring Company

Idera

Acquired Company

SaaS Industries

Data And AnalyticsMobileOtherSoftware

Description

Idera, Inc. ("Idera"), parent company of global B2B software productivity brands, announced the acquisition of SaaS Industries GmbH ("SasS Industries"), an Austrian software company that provides API and microservices to developers. SaaS Industries will join APILayer as part of Idera's Developer Tools business, which includes Embarcadero, Filestack, Froala, FusionCharts, LANSA, Sencha, UltraEdit, and Whole Tomato.

Company Information

Company

Idera

About

Idera, Inc. delivers B2B software productivity tools that enable technical users to do more with less, faster. Idera, Inc. brands span three divisions—Data Tools, Developer Tools, and DevOps Tools—with products evangelized by millions of community members and more than 50,000 customers worldwide, including some of the world's largest health care, financial services, retail, and technology companies. To learn more, visit https://www.ideracorp.com. Contact: John Burr 512-226-8080 332063@email4pr.com SOURCE Idera, Inc.

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