Ausa 2023: U.S. Air Force Acquires Enterprise-Class License Of Immersive Wisdom'S Ddil No-Bandwidth And Low-Bandwidth Collaboration Software Via Newly Awarded $25Mm Sbir Phase Iii Contract
Oct 10, 2023•almost 2 years ago
Acquiring Company
U.S. Air Force
Acquired Company
Low-Bandwidth
Description
Immersive Wisdom, Inc., provider of a proven distributed collaborative operations center software platform for Denied, Degraded, Intermittent, and Limited-Bandwidth (DDIL) environments announced at the 2023 Association of the United States Army Annual Meeting and Exposition that the U.S. Air Force has acquired an Enterprise-Class License of its software platform via a newly awarded $25MM SBIR Phase III contract. This contract is designed to enable the rapid acquisition of the Immersive Wisdom software platform across the USAF and the entire Department of Defense.
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
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