Acquiring Company
Notion Labs, Inc.
Acquired Company
Cron
Description
Notion, the collaboration software company, announced today the acquisition of Cron, a next-generation calendar for professionals and teams. Beloved by many, Cron was recently named the Product Hunt Productivity App of the Year. In its mission to make software toolmaking ubiquitous, Notion will leverage Cron’s experience building beautiful products and expertise in how people organize time.
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