March 13, 2025:
UiPath Acquires Peak.ai to Boost AI Growth - UiPath acquired Peak.ai, a Manchester-based startup focused on decision-making AI for retail and manufacturing. The acquisition intends to enhance UiPath's AI and automation services for industry-specific verticals. Although the terms were undisclosed, Peak.ai's revenue growth and previous partnerships with UiPath suggest strategic alignment.
This acquisition occurs as UiPath confronts slowed revenue growth and economic uncertainty. UiPath hopes to utilize Peak's AI capabilities to improve cross-selling opportunities and increase customer value in key sectors.
