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March Networks Acquires Cloud-Based Data Analytics Platform From Doit Software

Oct 04, 2022•almost 3 years ago

Acquiring Company

March Networks

Acquired Company

Cloud-Based Data Analytics

Description

March Networks®, a global video surveillance and video-based business intelligence leader, is pleased to announce it has acquired the FOCUS Business Analytics Platform from DoIT Software Sp.Z.o.o based in Gliwice, Poland. The transaction fast-tracks its transition to cloud video and gives March Networks a new cloud-based data analytics platform that will be integrated into its existing Searchlight software, further extending its ability to deliver operational and business intelligence to its customers.

Company Information

Company

March Networks

About

A global leader in intelligent IP video surveillance products and solutions for businesses including retailers, banks, transit agencies and more.

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