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Data Engineering Automation Pioneer Nexla Acquires Fidap

Aug 24, 2022•almost 3 years ago

Acquiring Company

NEXLA, INC.

Acquired Company

Fidap

San Mateo

Description

Nexla (https://www.nexla.com), a pioneer in data engineering automation whose customers include JPMorgan, Johnson & Johnson, LinkedIn, Doordash, Poshmark, and Instacart, announced today the acquisition of Fidap. Fidap provides clean data for advanced analytics and machine learning.

Company Information

Company

NEXLA, INC.

Location

15 N ELLSWORTH AVENUE

San Mateo, California, United States

About

Nexla's converged data fabric provides the foundation on which companies can build their digital first business. No-code self-serve, Low code collaboration, and full code for developers. The fabric allows teams to collaboratively integrate, manage, and monitor any type of data flow.

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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