Writing assistance software maker Grammarly said it is acquiring productivity startup Coda in a deal that will see its current CEO Rahul Roy-Chowdhury stepping down from his role.
Coda cofounder Shishir Mehrotra will be elevated as the CEO of Grammarly, while Roy-Chowdhury will transition to an advisory role.
The two companies will work on unifying Coda Docs and the Grammarly Assistant, Mehrotra said in the blog post. “Imagine if the Assistant not only gave amazing suggestions and refinements based on the writing it sees today but also had permission-aware connections into all of your other systems (from your email to docs to CRM to project trackers and more).”
Mehrotra has previously served as chief product officer and chief technology officer at YouTube. He and Chowdhury have worked together at Google.
On the company’s long-term plans, Mehrotra said, “We plan to weave the best of Coda and Grammarly together. It will combine your company knowledge, generative AI chat features, a full productivity suite, and hundreds of agents to help you work smarter.”
