Mydigitaloffice Acquires Datavision To Expand Hotel Performance & Analytics Footprint
Jun 27, 2022•about 3 years ago
Acquiring Company
myDigitalOffice
Acquired Company
Datavision
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.
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