C3.ai in merger talks with Automation Anywhere in potential reverse listing deal

C3.ai, a California-based provider of enterprise artificial intelligence software, is reportedly in talks to merge with Automation Anywhere, a software company known for robotic process automation (RPA) tools.

If completed, the transaction would see Automation Anywhere acquire C3.ai and become publicly listed through the deal — effectively using the AI firm as a reverse-listing route to the stock market.

The discussions come as C3.ai faces prolonged stock pressure and leadership changes following the departure of founder Thomas Siebel from the CEO role.

Automation Anywhere, a major player in enterprise automation, was last valued by private investors at around $6.8 billion. A merger could create a broader enterprise platform blending AI software with automation technologies.

The talks highlight accelerating consolidation across the enterprise AI and automation software sectors.

Why This Matters

This potential deal reflects a growing shift in how enterprise AI companies are scaling and accessing public markets.

With traditional tech IPOs remaining volatile, late-stage software firms are increasingly exploring mergers as alternative listing paths. At the same time, enterprise customers are demanding integrated platforms that combine artificial intelligence with automation to streamline operations end-to-end.

If completed, the C3.ai–Automation Anywhere combination could create one of the more comprehensive intelligent automation platforms in the market — strengthening competitive positioning against larger enterprise software players.

Summary

• C3.ai is reportedly in merger talks with Automation Anywhere
• The deal could function as a reverse-listing route to take Automation Anywhere public
• C3.ai has faced stock pressure and leadership changes
• Automation Anywhere was previously valued around $6.8 billion
• The talks reflect consolidation across enterprise AI and automation markets

FAQs

Q1. What does C3.ai do?

C3.ai develops enterprise artificial intelligence platforms used by large organisations and government agencies.

Q2. What is Automation Anywhere known for?

It specialises in robotic process automation (RPA) software that automates repetitive business processes.

Q3. How would Automation Anywhere become public?

By acquiring publicly listed C3.ai, it would gain a market listing without a traditional IPO.

Q4. Why is C3.ai considering a merger now?

The company has faced share price declines, leadership changes and strategic uncertainty.

Q5. Is the deal confirmed?

No — discussions are reported but not officially announced.

Q6. What does this mean for enterprise software?

It signals accelerating consolidation and a push toward integrated AI-driven automation platforms.