Acquiring Company
Miovision
Acquired Company
MicroTraffic
KitchenerSmart CitiesTransportationDescription
Miovision announced today that it has closed a deal to acquire Winnipeg-based MicroTraffic, a leading provider of road safety video analytics. According to a study by researchers at Toronto Metropolitan University, MicroTraffic’s proprietary approach can predict, based on near misses, the future number of fatal and injury crashes with 94% accuracy.
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