Cognition announced its acquisition of AI coding startup Windsurf, following a tumultuous 72 hours in which Google hired Windsurf's CEO and leaders, leaving the rest of the team available for Cognition. Windsurf has achieved $82 million in annual recurring revenue and maintains a base of 350 enterprise customers. Windsurf's team will contribute to the development of Cognition's AI coding agent Devin and will eventually integrate Windsurf's capabilities into Cognition's offerings. The price of the acquisition was not disclosed, but the deal marks a significant move in the AI coding product race.
Cognition is acquiring Windsurf's intellectual property and products, including its AI-powered integrated development environment (IDE), along with all remaining employees not hired by Google.
Windsurf reached $82 million in annualized recurring revenue, with enterprise ARR doubling quarter-over-quarter and a user base of at least 350 enterprise customers.
In a LinkedIn post, Jeff Wang stated, 'To our new teammates at Cognition: we feel incredibly lucky to be joining a team that shares our vision, our deep commitment to our users, and - most importantly - our values.'
Cognition plans to leverage Windsurf's team to enhance Devin, their AI coding agent, while eventually integrating Windsurf's capabilities into their own products.
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