Thread Acquires Invibe To Integrate Voice Of The Participant And Broaden Clinical Trial Design And Research Capabilities
Jan 12, 2022•over 3 years ago
Acquiring Company
THREAD
Acquired Company
inVibe
Description
THREAD, a leading technology and service provider enabling electronic clinical outcome assessments (eCOA) and decentralized clinical trials (DCTs), today announced that it has acquired inVibe, the leading voice-powered research and insights technology solution for the life sciences and health care industry. THREAD's addition of inVibe's voice research technology and consulting services to its comprehensive decentralized research platform follows the company's acquisition of Modus Outcomes in November 2021.
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