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Cognition AI acquires Windsurf after turmoil

Jul 15, 20253 days ago

Acquiring Company

Cognition AI

Acquired Company

Windsurf

San FranciscoSan FranciscoNatural Language ProcessingMachine LearningArtificial IntelligenceSoftwareNatural Language ProcessingMachine LearningArtificial IntelligenceSoftware

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.

Company Information

Company

Cognition AI

Location

San Francisco, California, United States

About

Cognition AI is a developer of an AI-powered coding assistant that launched its generative AI coding tool, Devin, just over a year ago. Devin is positioned as the world's first AI software engineer, designed to enhance coding efficiency by automating repetitive tasks and predicting bugs. The tool is capable of planning and executing complex engineering tasks, learning over time, and rectifying errors. Cognition AI's innovative approach aims to revolutionize software development through automation.

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

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