Acquiring Company
FiscalNote
Acquired Company
AICEL TECHNOLOGIES
WashingtonSoftwareDescription
FiscalNote (NYSE: NOTE), a leading AI-driven enterprise SaaS company that delivers market intelligence and data insights, has closed its previously-announced agreement to acquire Aicel Technologies ("Aicel"), a rapidly-growing alternative data company based in Seoul, South Korea. Aicel provides proprietary alpha-capturing datasets and extracts unique value and actionable insights to drive critical and timely business solutions for global financial markets.
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