AI/ML Innovations Inc. Completes Acquisition of Technology from Naiad Lab Inc
Aug 23, 2024•11 months ago
Acquiring Company
AI/ML Innovations
Acquired Company
Naiad Lab
Description
AI/ML Innovations Inc. has successfully completed the acquisition of technology from Naiad Lab Inc. This strategic move further enhances AI/ML Innovations Inc.'s position in the AI/ML industry and expands its technological capabilities.
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