5 Acquisitions of Companies in the Business Intelligence Industry

January 15, 2023
Acquisitions Hub

Company acquisitions in the Business Intelligence industry always make headlines! Especially since related startups and technology companies have become very popular with private equity firms, strategic buyers and even family offices.

In this blog post, we are taking a closer look at 5 acquisitions that took place in the Business Intelligence industry.

Hipcricket acquired by NeoMedia Technologies

Details about the transaction:

Acquisition amount:

$4,500,000

Announcement:

31 August 2006

Details about the company:

Hipcricket is a single mobile engagement platform that increases brand recognition, sales, and customer loyalty.

Headquarter:

New York, New York, United States

Where to find them:

Industry:

Ad Network, Advertising, Business Intelligence, Mobile

Details about the buyer:

NeoMedia Technologies provides the tools necessary for print and broadcast media to engage with their target audiences in real time.

Headquarter:

Boulder, Colorado, United States

Where to find them:

ISR Braunschweig acquired by Cenit

Details about the transaction:

Acquisition amount:

$30,928,701

Announcement:

3 April 2022

Details about the company:

ISR is an IT consulting firm with a focus on application management, strategic consultation, and implementation.

Headquarter:

Braunschweig, Niedersachsen, Germany

Where to find them:

Industry:

Business Intelligence, Consulting, Information Technology

Details about the buyer:

Your partner in a successful digital transition is Cenit.

Headquarter:

Effretikon, Zurich, Switzerland

Where to find them:

Kinetic Information Systems acquired by Castleton Technology plc

Details about the transaction:

Acquisition amount:

$2,290,488

Announcement:

4 December 2017

Details about the company:

Software solutions are provided to businesses by Kinetic Information Systems based on their specifications and demands.

Headquarter:

Wickham, Western Australia, Australia

Where to find them:

Industry:

Accounting, Business Intelligence, Enterprise Software, Information Technology, Software

Details about the buyer:

Castleton Technology plc offers consulting and software support services.

Headquarter:

Sutton Coldfield, Birmingham, United Kingdom

Where to find them:

Froot Research acquired by Aarav Solutions

Details about the transaction:

Acquisition amount:

$4,000,000

Announcement:

30 September 2022

Details about the company:

Business intelligence is provided by the information technology company Froot Research.

Headquarter:

Pune, Maharashtra, India

Where to find them:

Industry:

Artificial Intelligence, Business Intelligence, Information Technology, Machine Learning

Details about the buyer:

IT consulting, technology, and digital transformation services are offered by Aarav Solutions.

Headquarter:

Iselin, New Jersey, United States

Where to find them:

ERPyme acquired by Maxxa

Details about the transaction:

Acquisition amount:

$4,000,000

Announcement:

8 April 2022

Details about the company:

using a straightforward software platform, business information, and financial education to increase the success percentage of small enterprises.

Headquarter:

Temuco, Araucania, Chile

Where to find them:

Industry:

Business Intelligence, Financial Services, SaaS, Small and Medium Businesses, Software

Details about the buyer:

In Latin America, Maxxa offers SMB clients financing + software solutions.

Headquarter:

Santiago, Region Metropolitana, Chile

Where to find them: