Partnerhero Acquires Summatti, An Ai-Powered Conversation Analytics Platform
May 04, 2023•over 2 years ago
Acquiring Company
PartnerHero
Acquired Company
Summatti
Natural Language ProcessingMachine LearningArtificial IntelligenceAnalytics
Description
Leading customer operations outsourcing innovator PartnerHero (www.partnerhero.com) has acquired Summatti (www.summatti.com), a conversation intelligence platform for an undisclosed amount.
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