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acquisition Tag

President Trump Extends Deadline For TikTok

President Donald Trump has extended the deadline for the TikTok ban by 75 days. Trump shared a post on Truth Social on Friday stating that he is signing an executive order to allow more time to finalize a deal. The announcement comes just one day before the...

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...

WordPress Owner Automattic Acquires Beeper

WordPress.com owner Automattic is acquiring Beeper, the company behind the iMessage-on-Android solution that was referenced by the Department of Justice in its antitrust lawsuit against Apple. The deal, which was for $125 million according to sources close to the matter, is Automattic’s second acquisition of a cross-platform messaging solution after buying...