Overview

• The acquisition secures Windsurf’s AI-powered integrated development environment, trademarks, brand and the staff not recruited by Google.
• Google’s $2.4 billion reverse acqui-hire earlier this month poached CEO Varun Mohan, co-founder Douglas Chen and key researchers after OpenAI’s nonbinding $3 billion offer lapsed.
• Before the deal, Windsurf had reached $82 million in annual recurring revenue with over 350 enterprise clients and hundreds of thousands of daily active users.
• Cognition guaranteed 100% employee financial participation in the transaction and waived vesting cliffs for work completed to date.
• Windsurf will operate independently at first while its code-writing technology is integrated into Cognition’s autonomous coding agent, Devin.