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GlobalData acquires AI Palette for $11.5 million

Mar 10, 2025•6 months ago

Acquiring Company

GlobalData

Acquired Company

Ai Palette

LondonSingaporeInformation TechnologySoftware

Description

GlobalData Plc has acquired AI Palette for a purchase price of $11.5 million, enhancing its capabilities in consumer insights. This acquisition is part of GlobalData's strategic growth plan as it continues to focus on AI-driven solutions. With this move, GlobalData strengthens its position in the market and aims to provide better services to its customers. The acquisition aligns with GlobalData's objective to reach £500 million in annualized revenue by 2026.

Company Information

Company

GlobalData

Location

London, England, United Kingdom

About

GlobalData is a leading data and analytics company providing insights for a range of industries, including healthcare, consumer, retail, financial, technology, and professional services sectors.

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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