According to Jay Leib, Co-Founder and CEO of NexLP, “We chose Reveal, after considering all the major players in the space, because they offer by-far, the most comprehensive, solutions-oriented technology on the market and we have a shared vision for the future of legal technology. Reveal’s global footprint and ability to deploy the Reveal solution in the cloud or on-premise enables us to rapidly expand the adoption of AI to tens of thousands of legal, risk, and compliance professionals overnight. Our existing clients and partners should all be thrilled with our ability to expand our capabilities by joining Reveal.”
According to David Moran, XDD President and COO, “Complementing our recent domestic acquisitions, adding Anexsys to the XDD family enables XDD to expand eDiscovery, Forensics and Managed Review services in the UK.”
According to today’s announcement, the NightOwl merger is HaystackID’s fourth major investment event since April 2018. In April 2018, HaystackID acquired Envision Discovery, an eDiscovery managed services provider, and Inspired Review, a managed review and remote review services provider. In January 2019, HaystackID acquired eTERA Consulting, an eDiscovery managed services provider. Additionally, in February 2020, HaystackID completed a strategic recapitalization with Quad-C to support the continued growth and expansion of company depth, breadth, and reach.
The acquisition supports Mitratech’s mission to provide legal and compliance solutions to mitigate risk across organizations. Via Tracker, HR, and Legal teams can employ best practices, innovative features, and seamless integration to help minimize staffing-related risk and safeguard business continuity.
The recently released 42nd Annual Hart-Scott-Rodino (HSR) Report shares a 10-year summary of HSR transactions reported, second requests issued, and early terminations granted by the agencies, as well as a detailed statistical profile of transactions reported during fiscal year 2019. Enacted by Congress in 1976, the HSR Act gives the federal government the opportunity to investigate and challenge mergers that are likely to harm consumers before injury occurs. The Commission vote to issue the report was 4-0-1.
According to David Moran, XDD President, and COO, “As we continue to expand business operations nationwide, adding LightSpeed Legal to the XDD family further bolsters our physical presence in the DC market.”
According to XDD CEO Bob Polus, “Merging forces with RVM further strengthens our service offering in the tristate area. RVM’s drive to provide exemplary service to clients across all phases of the EDRM mirrors XDD’s mission, vision, and culture, making it a natural fit for our organization as we continue to expand business operations nationwide.”
According to Dean Brown, CEO at Ipro Tech, “We are thrilled to combine the strengths of these two companies and we are positioned to take a competitive advantage as the leader in Information Governance and eDiscovery by incorporating NetGovern’s solutions, people, and knowledge into the Ipro family. By integrating these technologies, we will empower corporations to gain control over their data and lower the costs related to data security, compliance, investigations and litigation through the use of in-place indexing and analysis, data connectors, smart collections, and advanced analytics.”
From UnitedLex to Onna, ComplexDiscovery findings, data points, and tracking information from April 1, 2020, to June 30, 2020, may be useful for understanding merger, acquisition, and investment activity patterns in the eDiscovery ecosystem during the historically unique and COVID-constrained second calendar quarter of 2020.
According to DSAI Team Leader Tom Barnett as reported by Artificial Lawyer, “It’s an incredible opportunity to realize the full potential of what we started during a time when most law firms were not even thinking about – let alone developing – AI and machine learning technology to solve legal problems. We will now be in a position to expand the model to serve legal departments and law firms worldwide.”