Public announcement and legal closing
Elastic’s October 9 release said the acquisition was complete. Its subsequent filing records 100% of Conic AI Technology Limited and its subsidiaries, collectively Jina AI, acquired on October 7. The timeline date records the public completion announcement; it is not a substitute for the legal closing date. [1][2][3]
The addition brought dense multilingual and multimodal embeddings and rerankers alongside Elastic’s sparse retrieval tools. The announcement described future distribution through Elastic Inference Service, rather than establishing that every planned integration was already generally available. [1]
Sources
- Elastic Completes Acquisition of Jina AI, a Leader in Frontier Models for Multimodal and Multilingual Search
Elastic · Oct 9, 2025
- Elastic N.V. Form 10-Q for the quarter ended October 31, 2025
Elastic · Nov 24, 2025
- Elastic N.V. acquired Jina AI Limited for $43.4 million.
MarketScreener · Oct 9, 2025