Acquiring Company
Edanz
Acquired Company
Scribendi
Description
Edanz Inc., a leading provider of author and researcher services for the global scientific community, today announced the acquisition of Scribendi, a renowned ISO 9001:2015-certified online editing and proofreading company. This acquisition will create a world-class, full-service language and publication solutions provider, leveraging the combined strengths of both companies to offer a comprehensive suite of services for researchers, authors, publishers, institutions and companies around the world.
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