Think-Cell Acquires Ai Start-Up Askbrian To Revolutionize Workplace Productivity

Sep 19, 2023•almost 2 years ago

Acquiring Company

think-cell

Acquired Company

AskBrian

EducationSoftwareMachine LearningArtificial IntelligenceInformation TechnologySoftware

Description

think-cell, the leading productivity software for creating data-driven presentations in Microsoft PowerPoint, announces the successful acquisition of AskBrian, a company specialized in applied AI for business professionals. This strategic move widens think-cell’s product and technology scope with a focus on workplace productivity.

Company Information

Company

think-cell

About

Founded in Berlin in 2002, think-cell is the de facto standard for creating professional presentations in PowerPoint. With productivity tools and support for 40+ chart types, 10 of the top 10 global consulting firms rely on think-cell. It is the software of choice for the Fortune 500 and taught at 9 of the top 10 US business schools. To learn more and download a fully functional 30-day trial version, visit https://www.think-cell.com

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