Stripe Agrees to Acquire OpenRouter in $7.5 Billion Deal
The payments giant is set to buy the New York-based startup, with $6 billion directed to investors and $1.5 billion to founders.
Financial technology enterprise Stripe has agreed to acquire OpenRouter, a technology startup based in New York, in a transaction valued at $7.5 billion.
Under the terms of the acquisition, $6 billion of the overall purchase price will be paid out to OpenRouter's institutional and early-stage investors, according to a source familiar with the arrangement.
The remaining $1.5 billion from the transaction will go directly to the founding team of OpenRouter.
The acquisition agreement was first reported by Erin Griffith of The New York Times and subsequently cited on Techmeme.
Headquartered in New York, OpenRouter has established a footprint in the modern technology ecosystem, making it a major acquisition target for enterprise payment and infrastructure operators like Stripe.
The $7.5 billion purchase represents a major deal for Stripe as the company continues to expand its technological portfolio and corporate reach.
Specific timelines regarding regulatory approvals, closing conditions, and organizational integration details have not yet been formally disclosed by the companies.
Sources
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