Grammarly Acquires Coda to Expand AI Productivity Suite, Names New CEO
In a strategic move to strengthen its AI capabilities, Grammarly announced its acquisition of productivity startup Coda on December 17, 2024. The deal marks a significant shift in leadership, with Coda’s co-founder and CEO Shishir Mehrotra taking the helm as Grammarly’s new chief executive.
Key Details of the Acquisition
- Leadership Transition: Current Grammarly CEO Rahul Roy-Chowdhury will step down, transitioning to an advisory role
- Financial Terms: Undisclosed (Coda was last valued at $1.4 billion in 2021)
- Strategic Rationale: Combines Grammarly’s 40M-user writing platform with Coda’s AI-powered productivity tools
The Vision for an AI Productivity Platform
Mehrotra, a tech veteran with experience as YouTube’s former Chief Product Officer, outlined an ambitious roadmap in his inaugural blog post:
“We aim to create an assistant that doesn’t just refine writing, but connects intelligently across all your systems - from email to CRMs to project trackers.”
The integration will focus on three core areas:
- Enhanced AI Capabilities: Merging Grammarly’s writing suggestions with Coda’s generative AI chat
- Productivity Suite Expansion: Adding Coda Docs functionality to Grammarly’s ecosystem
- Enterprise Integration: Developing permission-aware connections across business systems
Market Context and Competitive Positioning
With Grammarly valued at \(13 billion and Coda at \)1.4 billion, this acquisition positions the combined entity to compete more effectively in the rapidly evolving AI productivity space. The move comes as:
- AI writing assistants become increasingly sophisticated
- Businesses demand more integrated productivity solutions
- The global AI productivity market continues its rapid expansion
What Users Can Expect
In the immediate term, Grammarly users will gain access to:
- Coda’s generative AI chat features
- Enhanced document collaboration tools
- More robust productivity tracking
Long-term, the companies plan to create a unified platform that “redefines productivity for the AI era” by combining:
- Company knowledge management
- Hundreds of specialized AI agents
- Cross-platform workflow automation
This acquisition represents one of the most significant moves in the AI productivity space in 2024, signaling Grammarly’s ambition to evolve beyond writing assistance into a comprehensive work intelligence platform.
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