Sandboxaq Acquires Cryptosense To Accelerate Delivery Of Security Solutions To Global Organizations
Sep 14, 2022•almost 3 years ago
Acquiring Company
SandboxAQ
Acquired Company
Cryptosense
Description
SandboxAQ, an enterprise SaaS company delivering the compound effects of AI and Quantum tech (AQ) to governments and the Global 1000, today announced it has acquired Cryptosense, a leading cybersecurity and encryption analysis software company. SandboxAQ's acquisition comes just weeks after the company unveiled its Strategic Investment Program and initial investment in evolutionQ.
FundzWatch™ Score
62
High M&A Activity
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