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Irish Communications Technology Company Spearline Acquires Callstats From 8X8

Dec 08, 2022about 3 years ago

Acquiring Company

Spearline

Acquired Company

Callstats

Description

Spearline, a leading global provider of communication testing technologies based in Co. Cork, Ireland, has acquired Callstats analytics, diagnostics and optimization technology for WebRTC from 8x8, Inc. (NASDAQ: EGHT) for an undisclosed sum. 8x8 is headquartered in California, USA.

Company Information

Company

Spearline

About

Test & monitor your toll and toll-free numbers worldwide with in-country automated tests and ensure your WebRTC communications are performing with high quality.

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