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Zoho acquires Asimov Robotics to boost R&D

Jul 02, 202515 days ago

Acquiring Company

Zoho

Acquired Company

Asimov Robotics

ChennaiKochiSoftwareIndustrial AutomationRoboticsManufacturingInformation Technology

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.

Company Information

Company

Zoho

Location

Chennai, Tamil Nadu, India

About

Zoho offers beautifully smart software to help you grow your business. With over 100 million users worldwide, Zoho's 55+ products aid your sales and marketing, support and collaboration, finance, and recruitment needs—letting you focus only on your business. Zoho respects user privacy and does not have an ad-revenue model in any part of its business, including its free products.

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

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