Robotic process automation (RPA) company Automation Anywhere has entered into a definitive agreement to acquire cloud pioneer FortressIQ, a 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.
“The Fortress IQ 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.