Introduction
Automation Anywhere is a leading robotic process automation (RPA) platform that helps businesses automate their manual, repetitive tasks. The platform enables businesses to quickly create automated processes, manage them centrally, and deploy them across their organization. With the help of Automation Anywhere, organizations can save time, reduce costs, and improve efficiency.
In this article, we will explore who owns Automation Anywhere. We will examine the company’s history, key players, financials, partnerships, alliances, corporate structure, and ownership structure. In addition, we will delve into the company’s acquisition strategy and investment activity.
A Comprehensive Overview of Automation Anywhere and Its Ownership
Automation Anywhere was founded in 2003 by Mihir Shukla, who currently serves as the company’s CEO. The company has since grown to become one of the leading providers of RPA technology, serving over 1,000 customers around the world. In 2021, the company was acquired by private equity firm KKR for $6.8 billion.
Exploring the History of Automation Anywhere: Who Owns It?
Automation Anywhere was founded in 2003 by Mihir Shukla, who currently serves as the company’s CEO. Since then, the company has grown to become one of the leading providers of RPA technology, serving over 1,000 customers around the world. In 2021, the company was acquired by private equity firm KKR for $6.8 billion.
Uncovering the Key Players Behind Automation Anywhere
Mihir Shukla is the founder and CEO of Automation Anywhere. He has more than 20 years of experience in enterprise software, artificial intelligence, and machine learning. He is a renowned expert in the robotics space and has been featured in publications such as Forbes, Bloomberg Businessweek, and TechCrunch.
KKR is a global investment firm with a portfolio of more than $200 billion in assets under management. It is one of the world’s largest private equity firms and is led by Henry Kravis and George Roberts. KKR has a long history of investing in technology companies and has made several investments in the RPA space.
Other investors in Automation Anywhere include Goldman Sachs, General Atlantic, and SoftBank Vision Fund. These investors have provided capital to support the company’s growth and expansion.
Analyzing the Financials of Automation Anywhere: Who Owns It?
Automation Anywhere is a profitable company with rapidly growing revenue. According to a recent report from Gartner, the company has the largest market share among all RPA vendors. This market share is expected to continue to grow in the coming years.
The company’s revenue grew by over 100% year-over-year in 2020 and is projected to reach $650 million in 2021. This revenue growth is driven by increased demand for the company’s products and services.
Examining the Partnerships and Alliances of Automation Anywhere
Automation Anywhere has formed strategic partnerships and alliances with several technology companies. These partnerships enable the company to leverage the latest technologies and provide better solutions to its customers. Some of these partners include Microsoft, IBM, Oracle, Amazon Web Services, and Google Cloud.
The company also works closely with its customers to develop customized solutions for their specific needs. These solutions are tailored to their business requirements and help them achieve their goals.
Delving Into Automation Anywhere’s Corporate Structure and Ownership
Automation Anywhere is a privately held company with a board of directors that includes representatives from KKR, General Atlantic, Goldman Sachs, and SoftBank Vision Fund. The company is headquartered in San Jose, California, with offices around the world.
The company’s ownership structure is divided between the founders and the investors. Mihir Shukla owns 40%, while KKR owns 40%. The remaining 20% is owned by other investors.
Investigating Automation Anywhere’s Investment Activity and Ownership Structure
Automation Anywhere has been on an aggressive acquisition spree, acquiring six companies since 2019. These acquisitions have helped the company expand its product offerings and gain new customers. The company also continues to invest in research and development to stay ahead of the competition.
In addition, the company has raised over $800 million in venture capital funding from investors such as KKR, General Atlantic, and Goldman Sachs. This capital has been used to fund the company’s acquisitions and fuel its growth.
Conclusion
Automation Anywhere is a leading provider of RPA technology. The company was founded by Mihir Shukla in 2003 and was acquired by KKR in 2021. The company’s ownership structure is divided between the founders and the investors, with Mihir Shukla owning 40% and KKR owning 40%. The company has raised over $800 million in venture capital funding and has been on an aggressive acquisition spree, acquiring six companies since 2019.
In addition, Automation Anywhere has formed strategic partnerships and alliances with several technology companies, enabling it to leverage the latest technologies and provide better solutions to its customers. The company’s revenue is growing rapidly and its market share is expected to continue to increase in the coming years.
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