Trymyui Acquires Stitchology.Ai To Create The First Digital Experience Intelligence Platform

Jun 30, 2022•about 3 years ago

Acquiring Company

TryMyUI

Acquired Company

Stitchology.ai

SportsPlatformsMobileSoftwareData And AnalyticsSoftware

Description

TryMyUI, a global leader in user experience testing, announced that it has acquired Stitchology.ai, a session replay and comprehensive web analytics tool. This new acquisition will allow TryMyUI to create the first-ever product for maximizing product-led growth. Together, the companies will provide an end-to-end digital experience solution to help businesses drive online revenue.

Company Information

Company

TryMyUI

About

TryMyUI is a bootstrapped usability testing platform that was founded in 2015 by Ritvij Gautam and Timothy Rotolo. They have worked with companies like BigCommerce, Everfi, and Amazon to help them gain insights on their website or mobile app's user experience.

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