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New Deal


Announced

Nylas to acquire June.ai.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

Majority

artificial intelligence

Single Bidder

IT Services: Other

Acquisition

Pending

Private

Friendly

Synopsis

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Nylas, a provider of universal communications APIs for developers, agreed to acquire June.ai, a developer of AI-powered productivity tools that perform autonomous tasks such as organizing messages, surfacing attachments and automating responses. Financial terms were not disclosed. "At Nylas, our mission is to make it easy for any company to build robust productivity features into their application. Integrating June.ai's core technology with Nylas' universal connectivity and omnichannel data extraction capabilities will enable developers to create sophisticated workflow automation within mobile and web applications faster than ever before," Gleb Polyakov, Nylas CEO and Co-Founder.

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