Smarsh Completes Acquisition Of Digital Safe Product Line From Micro Focus, Extending Global Leadership In Enterprise Information Archiving
Feb 01, 2022•almost 4 years ago
Acquiring Company
Smarsh
Acquired Company
Digital Safe Product Line
Description
Smarsh, enabling organizations to manage the risk and uncover the value within their communications data, today announced the completion of its acquisition of the Digital Safe product line from Micro Focus (LSE: MCRO.L, NYSE: MFGP) following regulatory approval.
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