Grammarly acquires Coda

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Grammarly's acquisition of Coda for $150 million raises concerns about its identity and privacy issues, especially amid the increasing competition from accessible LLM technology. The acquisition reflects a potential survival strategy against competitors like Google and Microsoft, but also illustrates deep-rooted challenges within both companies regarding leadership and financial stability. User comments indicate skepticism about the effectiveness and intentions behind the acquisition, suggesting that it may be a desperate effort by both companies to regain relevancy in the market. The fact that both companies are reportedly under the same venture capital umbrella further underscores the idea that this acquisition might be more of a 'forced marriage' than a strategic partnership. Overall, the acquisition might offer Coda a boost in its AI capabilities while providing Grammarly an opportunity to evolve its product offerings.
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