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DocuSign chief says company wants to stay public after reports of private equity takeover interest

·1 min

DocuSign Commits to Remaining a Public Company and Emphasizes AI Potential

Contract management platform DocuSign is committed to remaining a public company and is working to convince investors of its artificial intelligence potential. The CEO, Allan Thygesen, stated that they are focused on building a great, independent public company. While rumors suggested that private equity suitors were interested in acquiring DocuSign, the company is determined to stay independent. Thygesen also mentioned that they wouldn’t rule out the possibility of a merger or acquisition in the future, but their primary goal is to build a strong independent company. DocuSign has been actively investing in AI technology, with recent products and acquisitions demonstrating their focus on AI-driven innovations. Thygesen believes that AI will have a significant impact across various industries and functions.