C3.ai in Talks to Merge with Software Company Automation Anywhere, The Information Reports

Reuters
01/28

Jan 27 (Reuters) - Enterprise artificial intelligence software provider C3.ai is in talks to merge with software company Automation Anywhere, The Information reported on Tuesday, citing people familiar with the discussions.

If the deal materializes, Automation Anywhere would buy C3.ai and go public as a result, the report added.

Shares of C3.ai soared over 16% in premarket trading on the news.

Reuters could not immediately verify the report. C3.ai and Automation Anywhere did not immediately respond to a Reuters request for comment.

California-based C3 offers a platform that enables clients, including the U.S. Air Force, to develop and operate large-scale AI applications. Its AI tools are used across the U.S. government as well as in the energy and manufacturing sectors.

Automation Anywhere develops software to automate repetitive tasks. Private investors valued the company at $6.8 billion in 2019, according to The Information report.

Reuters reported exclusively late last year that C3.ai was exploring a potential sale, among other options, after its founder Thomas Siebel stepped down as CEO.

C3 AI's stock has fallen more than 59% in the last one year amid worsening financial performance and uncertainty over its strategy and leadership.

应版权方要求,你需要登录查看该内容

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10