OpenText today announced it has acquired Catalyst Repository Systems, Inc. (Catalyst), a leading provider of eDiscovery solutions for corporate legal departments and top law firms. The purchase price of the acquisition is approximately $75 million in an all-cash transaction.
Sonasoft Corp., a leader in innovative eDiscovery and artificial intelligence (AI) solutions, announces that it has jointly signed a non-binding letter of intent (LOI) with Hotify Inc. to acquire Hotify along with all its related interests and assets. Hotify Inc. is an artificial intelligence (AI) software company and is the developer of NuGene, an AI cloud-based platform that adds intelligence to solve many industry-specific challenges.
Epiq announces the release of its new cloud-based eDiscovery platform, Epiq Discovery. Epiq Discovery is a collection, processing, review, and production platform that delivers early case assessment, highly scalable processing, and the most efficient review and production of eDiscovery data.
Today at Legaltech New York, CloudNine™ announced substantial technology enhancements and updated product names on four of its discovery software products. The CloudNine product suite now includes CloudNine LAW™, CloudNine Concordance®, CloudNine Explore™ (renaming of Early Data Analyzer™ or “EDA”), and CloudNine Review™.
Ipro, a leader in the delivery of legal technology designed to streamline the discovery of electronic data, today announced that it has changed the name of its flagship eDiscovery product offerings. The renaming of Automated Digital Discovery to Ipro eDiscovery Cloud and CaseDirector 360 to Ipro eDiscovery Desktop is the latest offering update from the Tempe-based eDiscovery provider.
File storage companies have an obligation to their customers to navigate hybrid complexity. Too many vendors don’t have the business models or products to help reduce complexity for the overwhelmed storage buyer. It’s time for the industry to embrace this once-in-a-generation change, to stop holding customers and shift to cheering them on in their journey to the cloud.
Can a firm ethically recover its costs in a managed services partnership? Do the ABA Model Rules allow a firm to bill its clients for more than what the firm is paying per gigabyte, but still pass on substantial savings by having the client pay less than the market average? The short answer is yes.
A selection of five articles shared regularly to inform and update legal and information technology professionals on the art and science of data discovery and legal discovery.
The 50 million euro fine of Google is the largest to be issued not only under the GDPR, but by any European regulator. However, things could have been much worse for the Andriod creators, as GDPR allows for fines up to 4% of a company’s annual global turnover, which could have resulted in a fine in the billions.
DISCO has raised $135 million, more than any other enterprise legaltech company. This investment reflects the market’s consolidation behind DISCO as the leading cloud ediscovery platform, and the growing customer consensus that cloud ediscovery will replace legacy ediscovery services vendors and software providers.