Stats Perform Acquires 13 Strides, Offering A Powerful Fan Engagement Solution That Combines Engaging Visuals And Sports Data

Jul 29, 2021•about 4 years ago

Acquiring Company

Stats Perform

Acquired Company

Strides

Description

Today, Stats Perform, the sports tech leader in data and artificial intelligence, confirmed the acquisition of 13 Strides, the visual content studio for sports.

Company Information

Company

Stats Perform

About

Stats Perform the market leader in sports tech, providing the most trusted sports data and the latest advancements in applying AI and machine learning to deliver better predictions for teams, sportsbooks, and a more engaging broadcast, media, and fan experience. The company collects the most detailed sports data to create new experiences across sports. Leveraging the richest sports database, Stats Perform enhances sports competition and entertainment through machine learning and computer vision to create advanced predictions and analysis – be that for digital and broadcast media with differentiated storytelling, tech companies with reliable and fast data to power their innovations, sportsbooks with in-play betting, integrity services for rights holders, or teams with first-of-its-kind AI analysis software. SportsContentCo is the exclusive reseller of Stats Perform premium sports betting content to licensed sportsbooks in the United States. For more information, visit StatsPerform.com or SportsContentCo.com. SOURCE Stats Perform

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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