Grammarly Acquires Coda

Grammarly is acquiring productivity startup Coda, the company announced. As part of the deal, Coda’s CEO and co-founder Shishir Mehrotra will become the new CEO of Grammarly. The acquisition will help turn Grammarly’s AI assistant into an “AI productivity platform” thanks to the addition of Coda’s AI tools and products, the company says. The deal will give Grammarly customers access to new features, such as generative AI chat and a productivity suite, to help them work more efficiently. As AI assistants become more and more accessible, Grammarly’s acquisition of Coda will help it become better positioned to compete with companies building AI tools for writing and productivity.