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Bitrise Acquires Flare.Build To Provide Companies Of Any Size With An Integrated Solution For Bazel

Oct 13, 2022over 2 years ago

Acquiring Company

Bitrise

Acquired Company

Build

IosMobileSoftware

Description

Bitrise, the Mobile DevOps company whose platform maximizes the overall business impact of apps for the world’s most sophisticated mobile organizations, today announced the acquisition of Flare.Build. Flare Build Systems, Inc. is the first company outside of Google to provide the backend services needed to realize the full potential of the Bazel build system. Bitrise will integrate Flare’s product suite and expertise into its Mobile DevOps Ecosystem, continuing Flare’s work to increase developer productivity at enterprises and startups alike. This acquisition is part of Bitrise’s larger mission to equip mobile product organizations with the tools to manage and automate mobile operations and core workflows, all from a single platform.

Company Information

Company

Bitrise

About

Bitriseis a Mobile DevOps company, whose platform is used by more than 6,000 businesses to maximize the business impact of their mobile apps. Working with Bitrise, the world’s most sophisticated mobile organizations get their apps to market faster, improve security and keep up with constantly changing mobile requirements. Bitrise enables organizations to automate testing, accelerate build times, and quickly understand how new pieces of code will affect live apps. Customers such as Transferwise (now “WISE”), Virgin Mobile, Grindr, Marks & Spencer, Tag Heuer, Compass, Mozilla, Philips Hue, Babbel and others use Bitrise to rapidly respond to the changing mobile landscape. Bitrise is a Y Combinator company, headquartered in Budapest, with offices in London, San Francisco, Boston and Osaka.

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