Time Acquires Brandcast, The Leading Platform For Building No-Code Enterprise Websites
Aug 30, 2022•almost 3 years ago
Acquiring Company
TIME
Acquired Company
Brandcast
Description
Today, the global media company TIME announced the acquisition of Brandcast, the leading no-code platform for creating and managing enterprise-grade websites.
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