Acquiring Company
Spectrio
Acquired Company
Spectrio
Description
Spectrio, one of the nation’s leading providers of comprehensive digital signage solutions, announced that it has acquired Ping HD, a digital signage company based in Denver, Colo. This is the Company’s first acquisition in 2022, and it adds more than 35,000 screens to Spectrio’s digital signage footprint.
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