Acquiring Company
Cognition AI
Acquired Company
Windsurf
Description
Cognition AI has acquired Windsurf for an undisclosed sum following a tumultuous period for the startup. This acquisition comes after failed acquisition talks with OpenAI and the loss of several key executives to Google. The deal ensures all Windsurf employees will be retained along with their intellectual property. Cognition aims to support and respect the Windsurf workforce throughout this transition.
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