Nebius has entered into an agreement to acquire Tavily for $275 million in cash, subject to customary closing conditions and regulatory approvals. The deal is designed to close by mid-year, pending shareholder sign-off and clearance from competition authorities.

Tavily’s AI-driven enterprise search platform will be integrated into Nebius’s existing suite of AI services to enhance product depth and differentiate its offerings in a competitive market. The acquisition broadens Nebius’s addressable market by adding advanced search capabilities demanded by large corporate clients.

Nebius anticipates incremental revenue contributions from cross-selling Tavily’s technology to its customer base and expects improved gross margins as the high-value search services scale. Management believes the transaction will be accretive to EBITDA within 12 months of closing.