Acquiring Company
TransPerfect
Acquired Company
Sterling Technology
Description
TransPerfect, the world's largest provider of language and technology solutions for global business, today announced that it has acquired UK-based Sterling Technology, Europe's leading provider of VDR solutions for secure sharing of content, business process automation, and collaboration for high-stakes dealmaking. Financial terms of the transaction were not disclosed.
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