In a transformative week for tech unicorns, the AI sector is witnessing a surge in merger and acquisition activity as companies seek to bolster their capabilities and market dominance. Two prominent players, Clio and Grammarly, have made headlines with their strategic acquisitions, signaling a growing trend of consolidation in the AI and software industries.
Canada-based legal software company Clio revealed its plans to acquire Spain’s vLex, a global legal intelligence platform, from Oakley Capital for a staggering $1 billion. This cash-and-stock deal marks a significant expansion for Clio, integrating advanced AI technologies into its legal tech offerings and positioning it as a leader in the industry.
Meanwhile, San Francisco-based AI writing and productivity assistant Grammarly announced its intent to acquire Superhuman, an AI-native email app. This move is part of Grammarly’s broader vision to build a comprehensive AI productivity suite, with email serving as a key platform for orchestrating multiple AI agents.
The acquisitions come on the heels of Grammarly securing $1 billion in funding from longtime investor General Catalyst in May 2025, highlighting the company’s aggressive push toward further M&A activity. Both deals underscore the pivotal role of AI in driving innovation and competition among tech unicorns.
Industry experts suggest that these acquisitions reflect a broader trend where unicorns—private companies valued at over $1 billion—are leveraging AI to enhance their product portfolios and capture larger market shares. The integration of AI technologies is becoming a critical factor in maintaining a competitive edge in rapidly evolving sectors.
As the AI boom continues to fuel such strategic moves, the tech landscape is poised for further consolidation. Companies like Clio and Grammarly are setting the pace, and their latest acquisitions may inspire other unicorns to pursue similar paths to growth and innovation.
Maria Lourdes
