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Ivanti Acquires Industrial Internet Of Things Platform To Help Supply Chain Customers Further Automate Workflows And Achieve Operational Excellence

Aug 04, 2021•over 4 years ago

Acquiring Company

Ivanti

Acquired Company

Industrial Internet Platform

South Jordan

Description

Ivanti Wavelink, the supply chain business unit of Ivanti, today announced it has acquired an industrial internet of things (IIoT) platform owned by the WIIO Group, one of Ivanti Wavelink’s innovative technology and channel partners based in Paris, France. This platform acquisition will enable customers to get a 360 degree view of their IIoT equipment, proactively identify and remediate issues, and build scalable applications that drive operational efficiency. The terms of the transaction were not disclosed.

Company Information

Company

Ivanti

Location

South Jordan, Utah, United States

About

Ivanti makes the Everywhere Workplace possible. In the Everywhere Workplace, employees use myriad devices to access IT applications and data over various networks to stay productive as they work from anywhere. The Ivanti Neurons automation platform connects the company’s industry-leading unified endpoint management, zero trust security and enterprise service management solutions, providing a unified IT platform that enables devices to self-heal and self-secure and empowers users to self-service. Over 40,000 customers, including 78 of the Fortune 100, have chosen Ivanti to discover, manage, secure, and service their IT assets from cloud to edge, and deliver excellent end user experiences for employees, wherever and however they work. For more information, visit www.ivanti.com and follow @GoIvanti.

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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