Acquiring Company
ThoughtSpot
Acquired Company
MODE
Description
ThoughtSpot, the AI-Powered Analytics company, today announced that it has completed its acquisition of Mode Analytics, the modern Business Intelligence (BI) platform that brings data teams and business teams together to drive impact, in a $200M cash and equity transaction.
FundzWatch™ Score
67
High M&A Activity
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