Cognition, Maker Of The Ai Coding Agent Devin, Acquires Windsurf

Cognition, nan startup down nan viral AI coding supplier Devin, announced successful a blog post connected Monday that it has signed a definitive statement to get AI coding startup Windsurf.

The announcement comes conscionable days aft Google hired distant Windsurf’s CEO Varun Mohan, co-founder Douglas Chen, and investigation leaders successful a $2.4 cardinal deal, a reverse-acquihire that near nan remainder of nan startup’s 250-person squad behind. Google’s woody occurred conscionable hours aft OpenAI’s $3 cardinal connection to get Windsurf expired, clearing nan measurement for nan AI coding startup to research different options.

The frenzy to get Windsurf represents a caller highest successful nan insane title to create AI coding products.

“The past 72 hours person been nan wildest rollercoaster thrust of my career,” said Jeff Wang, Windsurf’s erstwhile caput of business, who was made interim CEO of nan startup days agone aft Google hired nan startup’s leaders, successful a post connected LinkedIn. “To our caller teammates astatine Cognition: we astatine Windsurf consciousness incredibly fortunate to beryllium joining a squad that shares our vision, our heavy committedness to our users, and – astir importantly – our values.”

Cognition says it’s acquiring Windsurf’s IP and product, which see its AI-powered integrated improvement situation (IDE), alongside each of nan labor who were not hired by Google.

Cognition did not denote nan value it acquired Windsurf for; however, nan institution says Windsurf reached $82 cardinal successful annualized recurring gross (ARR), pinch endeavor ARR doubling quarter-over-quarter. Cognition says Windsurf’s personification guidelines reached astatine slightest 350 endeavor customers and “hundreds of thousands” of regular progressive users.

Windsurf’s squad will attraction connected building retired Devin, Cognition’s AI coding agent, successful nan intermediate term, nan institution said successful a property release. Eventually, Cognition says it will merge Windsurf’s IP and capabilities into its ain products.

Over nan weekend, The Information reported that Windsurf labor who had joined successful nan past twelvemonth did not person a payout successful Google’s billion-dollar reverse-acquihire. Cognition notes successful its blog station that 100% of Windsurf labor will participate financially successful this deal, and person vesting cliffs waived for their activity to date.

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