Cobra Legal Solutions Acquires Digital Discovery

According to Candice Corby, Chief Executive Officer for Cobra Legal Solutions, “We looked carefully at what services our clients and the market find essential and sought out the best providers. Adding Digital Discovery to the Cobra family of companies increases our ability to help corporate legal teams, law firms, and government agencies with their pre-litigation and incident response challenges.”

TransPerfect and Semantix Merge

According to TransPerfect President and CEO Phil Shawe, “We have competed against Semantix in the Nordics for more than 15 years and have admired their leadership position and strong reputation. It is exciting to have them as part of our rapidly growing global team and to work together to achieve great things for our customers. We welcome everyone at Semantix to the TransPerfect family, which will be a homecoming for some staff members who have worked with TransPerfect in the past.”

Braintrace Acquired by Sophos

According to Bret Laughlin, CEO and co-founder of Braintrace, “NDR is critical to successful threat hunting. Braintrace’s competitive differentiation is its unique NDR technology that our MDR analysts leveraged for finding, interrupting and remediating cyberattacks. With our own NDR technology, the team responds faster and more accurately because of the real-time, automated visibility and threat verification they have into encrypted traffic. We built Braintrace’s NDR technology from the ground up for detection and now, with Sophos, it will fit into a complete system to provide cross-product detection and response across a multi-vendor ecosystem.”

DISCO Announces IPO Pricing

A registration statement relating to the initial public offering by DISCO (LAW) has been filed with the Securities and Exchange Commission and was declared effective on July 20, 2021. The offering will be made only by means of a prospectus forming part of the effective registration statement relating to the offering. Trading began on the New York Stock Exchange on July 21, 2021. As of 3:01 PM ET, the stock was at $42.59 per share on a volume of 3,630,397 shares, up from an opening of $32.

Lighthouse to Acquire H5

According to Nicolas Economou, chief executive officer of H5, “The combination of Lighthouse and H5 is a perfect, and perfectly-timed, strategic and cultural fit. The merger, under Lighthouse’s leadership, creates an unmatched suite of AI, data-analytics and advisory solutions to meet the exacting needs of corporate legal and GRC departments globally. The technology-enabled benefits that Lighthouse can deliver to global corporations with sophisticated ediscovery and information governance workflows are entirely unique.”

IPRO Acquires ZyLAB

According to ZyLAB CEO, Dennis van der Veeke, “Founded in 1983, ZyLAB’s software has been battled-tested in some of the largest corporate fraud investigations and government inquiries and was deployed during the historic international war crime tribunals. ZyLAB has been working on large-scale Data Science in eDiscovery, especially with the contributions of Professor Johannes (Jan) Scholtes, who has been involved with the company since 1988. We chose IPRO, after considering all major players on the market, because of its commitment to innovation, security, and customer success.”

eDiscovery Mergers, Acquisitions, and Investments in Q2 2021

From Consilio and Xact Data Discovery to CloudNine and Crest Rock, the following findings, data points, and tracking charts highlight information that may be useful for understanding M&A+I activity patterns in the eDiscovery ecosystem from April 1, 2021, through June 30, 2021. During 2Q21 there were at least 18 M&A+I events, a pulse rate that is significantly greater than the investment pulse rate of four events during the same time frame in 2020.

Filing for Dollars? CS Disco Files for IPO with SEC

With the aim of creating a solution that feels “magical” to lawyers, legal software provider CS Disco thinks the broad applicability of their solution across a spectrum of industries has created a significant market opportunity for them, a market they estimate to be $42 billion globally. On Friday, June 25, 2021, CS Disco took a significant step toward capitalizing on that market opportunity by filing for an IPO with the Securities and Exchange Commission.

Integreon Acquired By EagleTree Capital

According to Bob Rowe, Chief Executive Officer of Integreon, “EagleTree has a long history of investing in companies considered to be best-in-class in their respective industries and helping them accelerate growth, so we are delighted that EagleTree has chosen to partner with us. Integreon will continue to execute on its current strategy, now bolstered by EagleTree’s resources and expertise. We have experienced tremendous expansion in recent years and we look forward to working with EagleTree to continue that growth.”

An Abridged Look at the Business of eDiscovery: Mergers, Acquisitions, and Investments

The abridged listing of eDiscovery merger, acquisition, and investment (M&A+I) events seeks to consolidate and highlight key eDiscovery-related investment events and corresponding event dates, company involvement, and known event investment amounts. The general consideration for inclusion in this running listing is the public announcement of an investment event by an organization that offers an eDiscovery solution as part of their overall offering portfolio regardless of their core business.

Embracing Differences? Interplay of Digital Forensics in eDiscovery
Incidental Growth? Cost of a Data Breach Hits Record High According to New Report
Keeping Cyber Threats At Bay? Cyber Insurance Start Up At-Bay Closes Series D Financing
An Economical Impact? How Cyber Insurance Shapes Incident Response
Cobra Legal Solutions Acquires Digital Discovery

According to Candice Corby, Chief Executive Officer for Cobra Legal Solutions,...

TransPerfect and Semantix Merge

According to TransPerfect President and CEO Phil Shawe, “We have competed...

Braintrace Acquired by Sophos

According to Bret Laughlin, CEO and co-founder of Braintrace, “NDR is...

DISCO Announces IPO Pricing

A registration statement relating to the initial public offering by DISCO...

A New Era in eDiscovery? Framing Market Growth Through the Lens of Six Eras

There are many excellent resources for considering chronological and historiographical approaches...

An eDiscovery Market Size Mashup: 2020-2025 Worldwide Software and Services Overview

While the Compound Annual Growth Rate (CAGR) for worldwide eDiscovery software...

Resetting the Baseline? eDiscovery Market Size Adjustments for 2020

An unanticipated pandemeconomic-driven retraction in eDiscovery spending during 2020 has resulted...

Home or Away? New eDiscovery Collection Market Sizing and Pricing Considerations

One of the key home (onsite) or away (remote) decisions that...

Five Great Reads on Cyber, Data, and Legal Discovery for July 2021

From considerations for cyber insurance and malware to eDiscovery business confidence...

Five Great Reads on eDiscovery for June 2021

From remediating cyberattacks to eDiscovery pricing, the June 2021 edition of...

Five Great Reads on eDiscovery for May 2021

From cyber discovery and data breaches to business of law and...

Five Great Reads on eDiscovery for April 2021

From X-Road® and risk management to business confidence and cybersecurity, the...

Glowing Expectations? Eighteen Observations on eDiscovery Business Confidence in the Summer of 2021

In the summer of 2021, 63.3% of survey respondents felt that...

Issues Impacting eDiscovery Business Performance: A Summer 2021 Overview

In the summer of 2021, 24.4% of respondents viewed increasing types...

Looking Up? eDiscovery Operational Metrics in the Summer of 2021

In the summer of 2021, 80 eDiscovery Business Confidence Survey participants...

Extreme Heat? Summer 2021 eDiscovery Business Confidence Survey Results

Since January 2016, 2,522 individual responses to twenty-three quarterly eDiscovery Business...