Redwood Software Acquires Tidal Software, Further Enhancing Its Leadership In Full Stack Enterprise Automation
Jan 05, 2023•almost 3 years ago
Acquiring Company
Redwood Software
Acquired Company
Tidal Software
Information TechnologySoftware
Description
Redwood Software, the industry leader in full stack automation, today announced its acquisition of Tidal Software, a leading enterprise workload automation provider. The acquisition adds increased depth and breadth to Redwood’s already extensive suite of automation solutions, which includes RunMyJobs, ActiveBatch and JSCAPE. By joining forces, it also builds on Redwood and Tidal’s shared commitment to being laser-focused on automation, innovation and customer success.
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