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Leading Blockchain Infrastructure Provider Quicknode Acquires Leading Nft Analytics Platform Icy.Tools

May 12, 2022about 3 years ago

Acquiring Company

QuickNode

Acquired Company

icy.tools

MiamiSoftwareOtherTransportationSoftware

Description

Today, QuickNode, the leading provider of managed blockchain infrastructure, is excited to announce its first acquisition: icy.tools, the leading NFT analytics platform and NFT API. Since the start of the NFT boom in 2021, icy.tools has provided consumers and investors with NFT analytics and market reporting to facilitate more technical analysis of NFT sales. They allow users to discover the latest trending projects being minted, transaction history and portfolio value, and alerting around the latest mints and wallets.

Company Information

Company

QuickNode

Location

17150 N BAY ROAD

Miami, Florida, United States

About

QuickNode simplifies blockchain infrastructure for teams big & small. A lightning-fast global API provides instant access to Ethereum, Solana, Bitcoin, Polygon, BSC, Fantom, Avalanche, Terra, Celo, Optimism, Arbitrum, Algorand, Harmony & Gnosis (xDai) networks. Access chain data via JSON-RPC over https:// or wss:// (websocket) endpoints. Monitor usage with analytics dashboard and ship faster with tools like 1-click WebHooks for smart-contract events, NFT and ERC20 token APIs. Thousands of nodes launched; trusted by top blockchain projects & businesses; QuickNode is helping the blockchain ecosystem grow since 2017!

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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