Firm Represents Automation Anywhere in Acquisition of FortressIQ
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- Data Storage and Cloud
On December 23, 2021, Automation Anywhere, a global leader in robotic process automation (RPA), announced that it has entered into a definitive agreement to acquire cloud pioneer FortressIQ, a leading process discovery and mining company based in San Francisco. Combining FortressIQ with Automation Anywhere will usher in a new era of intelligent automation by enabling organizations to accelerate automation initiatives and transform in a digital-first world. Wilson Sonsini Goodrich & Rosati represented Automation Anywhere in the transaction.
“The FortressIQ team are the pioneers of process intelligence, making this a perfect match,” said Mihir Shukla, CEO and co-founder, Automation Anywhere. “Together, Automation Anywhere and FortressIQ will reshape the future of automation, changing the way our customers automate, adapt, and accelerate as they pursue digital transformation initiatives. I’m thrilled to welcome FortressIQ to the Automation Anywhere family once the transaction closes.”
With the acquisition of FortressIQ, Automation Anywhere will advance its AI-powered, cloud-native Automation 360 platform with process discovery, intelligence, and optimization that can scale to any system or application across any vertical. The new capabilities offer built-in intelligence that provides fast, accurate visibility on which processes can and should be automated.
The Wilson Sonsini team that advised Automation Anywhere includes:
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