C3.AI Considering Merger with Automation Anywhere, Report States

• Automation Anywhere would be the acquiring company despite being privately held, while C3.AI is currently publicly traded
• The merger would serve as a vehicle for Automation Anywhere to go public through a reverse merger structure
• Reuters could not independently verify the report, and no financial terms or timeline were disclosed

Summary

Key Development: Enterprise AI software provider C3.AI (AI) is reportedly in merger discussions with privately held startup Automation Anywhere, according to The Information on January 27, 2025.

Deal Structure: Under the proposed transaction, Automation Anywhere would acquire C3.AI and simultaneously go public through the merger. This reverse merger structure would allow the private company to gain a public listing while absorbing C3.AI's operations.

Companies Involved:

• C3.AI: Publicly traded enterprise artificial intelligence software provider
• Automation Anywhere: Private startup specializing in automation technology

Verification Status: Reuters reported it could not immediately verify the details, citing unnamed sources familiar with the discussions. Neither company has issued official confirmation.

Market Implications: This potential deal represents significant consolidation in the enterprise AI and automation software sector. For C3.AI shareholders, the acquisition by a private company could mean a change in ownership structure and potential premium or discount depending on deal terms. The transaction would provide Automation Anywhere with immediate public market access without a traditional IPO process, potentially capitalizing on investor interest in AI-related companies.

The merger talks come amid heightened activity in the AI sector, where companies are seeking scale and complementary technologies to compete effectively. The combination could create a more comprehensive automation and AI platform, though success would depend on integration execution and pricing terms that have not been disclosed.

Status: Discussions are ongoing with no confirmed timeline or deal valuation announced.