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Nintex Acquires Process Discovery Innovator And Rpa Leader Kryon

Feb 16, 2022over 3 years ago

Acquiring Company

Nintex

Acquired Company

Process Discovery Innovator

BellevueBellevueSoftware DevelopmentSoftware Development

Description

Nintex, the global standard for process intelligence and automation, announced the company has acquired Kryon, a process discovery innovator and robotic process automation (RPA) leader, to further extend the intelligent process automation (IPA) capabilities of the Nintex Process Platform.

Company Information

Company

Nintex

Location

Bellevue, Washington, United States

About

At Nintex, we are transforming the way people work, everywhere. Nintex is the global standard for process intelligence and automation. Today more than 10,000 public and private sector organizations across 90 countries turn to the Nintex Process Platform to accelerate progress on their digital transformation journeys by quickly and easily managing, automating and optimizing business processes. At Nintex, we empower our people to succeed—​with the freedom to achieve, and develop in, what they do best at work, ​the flexibility to recharge and prioritize what matters most, ​and a sense of belonging and care to ensure they can reach their fullest potential.​

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

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