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Tata Communications Completes Acquisition Of Kaleyra, A Leading Global Cpaas Platform Player

Oct 05, 2023•about 2 years ago

Acquiring Company

Tata Communications

Acquired Company

Kaleyra

MumbaiNew YorkVoipHardwareInformation TechnologyGovernmentConsultingHardwareMessagingMobileSoftware

Description

Tata Communications, a global digital ecosystem enabler, today announces completion of the acquisition of Kaleyra, Inc. (NYSE: KLR).

Company Information

Company

Tata Communications

Location

Mumbai, Maharashtra, India

About

Tata Communications is a digital ecosystem enabler that powers today’s fast-growing digital economy. We enable the digital transformation of enterprises globally, including 300 of the Fortune 500. We carry around 30% of the world’s internet routes and connects businesses to 60% of the world’s cloud giants.

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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