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Ids Next Acquires Shawman Software

May 23, 2022over 3 years ago

Acquiring Company

IDS

Acquired Company

ShawMan Software Pvt. Ltd

Navi MumbaiMedia And EntertainmentContent And PublishingSales And MarketingAdvertisingSoftwareSoftware

Description

Asia's largest smart hotel software provider, IDS Next, has announced the acquisition of India-based ShawMan Software, specialist provider of food & beverage, leisure, and wellness cloud solutions for the hospitality industry.

Company Information

Company

IDS

About

Founded in 1992 and based in London, Image Data Systems UK Ltd (IDS) are renowned for delivering essential SaaS solutions to major media publishers and brands for nearly 30 years. IDS are experts in digital image and video management, providing content services, a content aggregator and powerful search technology to customers across media publishing, luxury and retail brands, as well as over 100 photo agencies. For more information, visit the IDS website.

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