IT News Online - PR Newswire - Automation Anywhere Completes Acqui-hire of Cathyos Labs to Support Strategic Growth Plan

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Automation Anywhere, a global leader in Robotic Process Automation (RPA), today announced the acqui-hire of product engineering start-up Cathyos Labs to support the company's expansion and product innovation. Cathyos Labs specializes in product development, automation, RPA and predictive analytics. Through the acqui-hire, Automation Anywhere will strengthen its engineering team to increase product development, support and delivery for customers in India and across the region. Cathyos Labs is the first talent led acquisition by Automation Anywhere. Throughout India, acqui-hires are becoming common as organizations purchase a company in order to acquire or gain access to its employees, but not necessarily the company's products and services.