Acquiring Company
Splashtop
Acquired Company
Foxpass
Description
Splashtop, a leader in remote IT solutions that simplify and secure the work-anywhere world, today announced it has acquired Foxpass, a provider of cloud-based, identity-centric network and server access solutions for IT and DevOps systems. The acquisition underscores Splashtop’s commitment to democratizing security for businesses of all sizes – especially small and medium sized businesses (SMBs) and managed service providers (MSPs) who are challenged by the cost and complexity of modern security solutions.
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