Music Tech Firm Orfium Acquires Soundmouse To Empower Rights Holders, Creators And Media Companies To Unlock More Value Across The Entertainment Landscape
Jan 16, 2023•almost 3 years ago
Acquiring Company
Orfium
Acquired Company
Soundmouse
MusicSoftwareAudioMusic
Description
Global music technology platform Orfium has acquired London-based Soundmouse in a deal that brings together the global market leaders in digital music and broadcast rights management and reporting.
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