logo
logo

Voicesage Acquires 2Sms To Strengthen Its Presence In The U.S. Market

Oct 29, 2021•over 3 years ago

Acquiring Company

VoiceSage

Acquired Company

2sms

Messaging And TelecommunicationsArtificial IntelligenceScience And EngineeringData And AnalyticsSoftwareInternet ServicesHardwareProfessional ServicesInformation TechnologyMessaging And TelecommunicationsLending And InvestmentsPlatformsMobileSoftwareFinancial ServicesInformation Technology

Description

VoiceSage, an Irish headquartered company, a global cloud communication company, acquires 2sms to build its presence in the U.S. market. This is our first strategic acquisition, so we are very excited to expand our capabilities.

Company Information

Company

VoiceSage

About

VoiceSage is a cloud communication platform providing conversational messaging solutions for many industries. Using machine learning and artificial intelligence techniques, we help companies increase customer engagement and have better brand-customer communications to achieve their desired outcomes.

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