Wilson Sonsini Advises Grammarly on Acquisition of Coda

Client Highlights

December 20, 2024

On December 17, 2024, Grammarly, the trusted AI assistant, announced its intent to acquire productivity platform Coda, with Coda's CEO and co-founder Shishir Mehrotra set to become the new CEO of Grammarly. The addition of Coda’s flexible and powerful AI tools and surfaces aims to transform Grammarly into an AI productivity platform for apps and agents where customers can unlock access to company knowledge, generative AI chat, a productivity suite, and capable, trusted AI agents to work smarter and faster. “The acquisition of Coda is a big step toward achieving our vision of a world where humans and AI work together everywhere work happens,” said Grammarly co-founder Alex Shevchenko.

Grammarly’s AI agents, including authorship, plagiarism detection, and proofreading, are used across 500,000 applications and websites by over 40 million people daily and 50,000 organizations such as Atlassian, Ford, and Chevron.

Coda has spent the past few years perfecting Coda Docs, a powerful, flexible productivity suite that has unseated incumbent rivals at leading companies. Most recently, they’ve introduced Coda Brain, which unlocks company knowledge across 800+ enterprise applications. Coda empowers over 50,000 teams at renowned companies like Figma, DoorDash, Square, and The New York Times. Its integrated platform unites teams, improves alignment, and optimizes budgets, resulting in lower costs and increased productivity.

The Wilson Sonsini team that represented Grammarly in the transaction includes:

Corporate/M&A
Rezwan Pavri
Mike Russell
Jack Hamilton
Lang Liu
Andrew Lombardo
Annie Kim
Won Gi Chong
Avery Minor
Michael Anthony
Partha Vora
Yifeng Li
Amy Martin
Melinda Miller