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Mydigitaloffice Acquires Datavision To Expand Hotel Performance & Analytics Footprint

Jun 27, 2022about 3 years ago

Acquiring Company

myDigitalOffice

Acquired Company

Datavision

BethesdaTravel And TourismSoftwareCommunity And Lifestyle

Description

myDigitalOffice (MDO), the world's fastest growing hotel performance management platform, today announced the acquisition of Datavision Technologies, an industry leader in hotel data analytics and business intelligence for luxury resorts.

Company Information

Company

myDigitalOffice

Location

Bethesda, Maryland, United States

About

myDigitalOffice (MDO) is a holistic information management platform, designed specifically for the hospitality industry, providing hotel owners, operators, and brands a single point of access to their hotels' most critical performance data. MDO's cloud-based data dashboards, document management technology, and integrated data feeds enable hoteliers to reach greater levels of productivity, ensure regulatory compliance, and reduce their hotels' carbon footprint, all while optimizing profitability. Learn more at www.mydigitaloffice.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