Acquiring Company
OpenAI
Acquired Company
Roi
Description
OpenAI has acquired Roi, an AI-based personal finance app, furthering its commitment to personalized consumer AI solutions. Roi's co-founder, Sujith Vishwajith, is the only member transferring to OpenAI, while Roi will cease operations. The acquisition underscores OpenAI's strategy to incorporate advanced personalization in its products, leveraging Roi’s expertise in finance.
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