logo
logo

Adapdix Acquires Edge Intelligence To Bring Data And Ai Closer Together

Aug 16, 2021•almost 4 years ago

Acquiring Company

Adapdix

Acquired Company

Edge Intelligence

Description

Adapdix, the industry leader in AI-powered automation software, announces that it has acquired Edge Intelligence, developer of the first geographically distributed data management platform for analytics built for both edge computing and hybrid cloud environments. Edge Intelligence's data management ideally complements Adapdix' EdgeOpsTM AI/ML Data Mesh offering and will enable Adapdix to target additional new markets and expand offering across the edge automation market. The combined EdgeOps and Edge Intelligence platforms will allow distributed AI and enterprise data management at the source of data creation. This enables Adapdix to offer true advantages of IT/OT convergence, cloud repatriation and federated learning for enterprises that have geographically dispersed data at the edge or in the cloud.

Company Information

Company

Adapdix

About

Adapdix provides an innovative software platform for enterprises that optimizes Artificial Intelligence (AI) and Machine Learning (ML) at the edge. The company's customer-centric EdgeOps platform increases uptime of equipment, reduces supply chain and logistics costs, and increases remote worker productivity. Founded in 2015, Adapdix is headquartered in Pleasanton, California – see www.adapdix.com.

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