Intelliswift Software Acquires Global Infotech To Expand Digital Capabilities
Jan 19, 2023•over 2 years ago
Acquiring Company
Intelliswift Software
Acquired Company
Global Infotech
Description
Intelliswift Software, a leading digital transformation and talent solutions provider, announced that it has acquired Global Infotech (GIT), a consulting firm specializing in Salesforce development, business/product orchestration, enterprise IT integration, and testing. The acquisition reaffirms Intelliswift’s commitment to providing digital excellence through in-house CoEs (Centers of Excellence) for key technologies to fast-growing businesses and enterprises.
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