Acquiring Company
Zoho
Acquired Company
Asimov Robotics
Description
Zoho Corporation has acquired Asimov Robotics to enhance its capabilities in the robotics sector. This acquisition allows Zoho to open a new campus in Kottarakkara, Kerala, dedicated to AI and robotics research. Asimov employees will continue to work from this new location, bolstered by mentorship from Zoho's team.
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