1. BlackLine acquires WiseLayer for AI-powered finance automation. 2. The acquisition enhances BlackLine's product capabilities in accounting workflows. 3. WiseLayer's technology aims to reduce risks and accelerate financial processes. 4. BlackLine maintains its financial guidance for 2025. 5. This move aligns with BlackLine's vision for a unified CFO platform.
FAQ
Why Bullish?
The acquisition of WiseLayer may significantly enhance BlackLine's competitive positioning by leveraging AI, similar to how past tech acquisitions have spurred growth in other companies. Historical examples include Salesforce's acquisitions which led to substantial increases in market share and product offerings.
How important is it?
The acquisition's strategic importance lies in improving operational efficiencies, which can lead to increased profitability, positively affecting investors' sentiment and contributing to long-term value creation.
Why Long Term?
While immediate changes may influence short-term stock movement, the integration of WiseLayer's AI capabilities is likely to yield long-term operational gains and customer satisfaction, similar to other tech acquisitions that driven long-term revenue growth.
BlackLine Acquires WiseLayer to Enhance AI Capabilities
LOS ANGELES, Dec. 15, 2025 (GLOBE NEWSWIRE) -- BlackLine, Inc. (Nasdaq: BL), a leader in innovation for Finance and Accounting, announced today the acquisition of WiseLayer. This New York-based company has developed AI-powered agents designed to automate complex finance and accounting processes. The financial terms of this acquisition have not been disclosed.
Transforming Finance with AI
This strategic move elevates BlackLine’s automation capabilities significantly. By integrating WiseLayer's trusted AI technology into the BlackLine Verity™ suite, customers will benefit from intelligent workflows that can transform their time-consuming manual accounting tasks into automated processes. Key benefits include:
- Automation of complex, judgment-based tasks such as accruals and payroll accounting.
- Reduction of risk and enhancement of accuracy in financial operations.
- Acceleration of the financial close process, allowing teams to focus on strategic analysis and guidance.
Leadership Insights
"We are committed to building the most intelligent platform for the Office of the CFO," said Owen Ryan, CEO of BlackLine. "By incorporating WiseLayer's AI agents into our Verity suite, we are adding significant new capabilities and value to our platform, providing customers with embedded, auditable AI. This aligns with our vision to deliver a unified platform that empowers future financial operations."
Josh Stein, Co-Founder and CEO of WiseLayer, emphasized the motivation behind their technology: “WiseLayer was founded to give finance and accounting teams their most valuable resource back: time. It’s about enabling confidence and trust in the numbers. Integrating our technology with BlackLine’s platform allows finance professionals to operate with a new level of assurance and focus on critical insights.”
The Future of Finance and Accounting
"Joining BlackLine opens up incredible opportunities for us," commented Vikram Bellapravalu, Co-Founder and CTO at WiseLayer. "We are excited to scale our technology and integrate it into a platform that is trusted by thousands of leading companies worldwide. Together, we will revolutionize the future of accounting and finance."
In conjunction with this acquisition, BlackLine reaffirmed its financial guidance for the fourth quarter and full year of 2025, maintaining confidence in its operational performance and growth trajectory.
Forward-Looking Statements
This press release contains forward-looking statements concerning BlackLine’s future performance and operations. These may involve risks and uncertainties that could cause actual results to differ materially. Factors influencing this include market demand, customer retention, and economic conditions. For further details, refer to BlackLine's SEC filings, including the risks disclosed in its Annual Report on Form 10-K for the year ended December 31, 2024.
Contact Information
For media inquiries, please contact:
Samantha Darilek
VP, Corporate Communications
Email: samantha.darilek@blackline.com
For investor inquiries, please contact:
Matt Humphries
SVP, Investor Relations
Email: matt.humphries@blackline.com