Kin + Carta Acquires Ai Solution Octain

Jan 11, 2022•over 3 years ago

Acquiring Company

Kin + Carta

Acquired Company

Solution Octain

Description

Kin + Carta (LON:KCT), the global digital transformation consultancy, today announced an intellectual property acquisition of Octain, a cloud-based, automated machine learning platform.

Company Information

Company

Kin + Carta

About

Kin + Carta is a global digital transformation consultancy committed to working alongside our clients to build a world that works better for everyone. Our 1,700 strategists, engineers, and creatives around the world bring the connective power of technology, data, and experience to the world’s most influential companies, helping them to accelerate their digital roadmap, rapidly innovate, modernize their systems, enable their teams, and optimize for continued growth. As a Certified B Corporation, our triple bottom line focus on people, planet, and profit is at the core of everything we do. For more information, please visit www.kinandcarta.com.

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