Medallia Acquires Mindful, The Global Leader In Contact Center Callback Technology
Aug 23, 2022•about 3 years ago
Acquiring Company
Medallia
Acquired Company
Mindful
Description
Medallia, Inc., the global leader in customer and employee experience, today announced it has closed its acquisition of Mindful.
M&A Insights
Based on deal dataIntegration 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