Acquiring Company
CodeHS
Acquired Company
Tynker
Description
CodeHS has acquired Tynker for $2.2 million in a move to enhance its computer science offerings. The acquisition follows Tynker's previous ownership by Byju's, which faced bankruptcy proceedings. The deal will ensure continued support and improvements for Tynker's platform users.
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