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Time for a Change? FTC Proposes Changes to HSR Act Premerger Notification Rules

The Federal Trade Commission, with the support of the Department of Justice’s Antitrust Division, recently proposed changes to the rules governing merger notification under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (HSR Act). The revisions would require investment funds to report additional information and would exempt certain minority acquisitions from the reporting requirements, including acquisitions of 10% or less of an issuer’s voting securities by activist investors.

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An eDiscovery Holiday Season Down Under? Macquarie Prepares Nuix for IPO

According to John Beveridge, writing for Small Caps, Macquarie holds a massive 65% of Nuix on its own balance sheet and looks set to make a massive profit compared to its original cost for the stake. Those who have attended investor roadshows for the float which were led by Nuix chief executive Rod Vawdrey, said the company has revenue for the year ending on June 30 above $176 million.

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Festive or Restive? The Fall 2020 eDiscovery Business Confidence Survey

Since January 2016, 2,189 individual responses to nineteen quarterly eDiscovery Business Confidence surveys have been received from legal, business, and technology professionals across the eDiscovery ecosystem. This fall 2020 survey will provide important insight into the business confidence level of individuals working in the field of eDiscovery.

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What is Kratt? A Vision and Concept for Artificial Intelligence in Estonia

Published originally on Independence Day in Estonia, the vision and concept paper “#KrattAI: The Next Stage of Digital Public Services in #eEstonia” highlights one country’s practical vision for how public services should digitally work in the age of artificial intelligence. Released by the Republic of Estonia GCIO Office and authored by the Government CIO, CDO, and CTO, the paper presents commentary and considerations for the problems, business challenges, and technological challenges involved integrating AI into public services. The vision and concepts shared may be useful for data discovery and legal discovery professionals as they consider plans, projects, and programs relating to the practical application of AI in their infrastructures and offerings.

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A (Brand) New Approach? Considering the Framework and Structure of eDiscovery Offerings

Today’s eDiscovery providers may benefit from the lessons learned in the creation of the Sgt. Pepper’s Lonely Hearts Club Band album by creating a concept for branding and packaging their offerings within that brand in a connected, theme-based way that represents the offerings’ promise and capability in a way that is easy to understand and remember. 

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ayfie to Acquire Haive

According to Johannes Stiehler, CEO of ayfie Group AS, “This acquisition is a perfect fit for us because it will both extend our reach in one of our core geographies and strengthen our competence center in Oslo. By bringing together Haive’s and ayfie’s customer bases and market insights, we can deliver even more relevant solutions to both our clients.”

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Reveal Acquires NexLP

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.”

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Sharing is Caring? ayfie Group Lists on Merkur Market of Oslo Stock Exchange

According to Johannes Stiehler, CEO of ayfie Group, in a July 7, 2020, announcement, “This is a great time for us to join the Merkur Market. While COVID-19 is obviously not over, we are definitely seeing business pick up in all areas. Our knowledge discovery product ayfie Locator was recently licensed to several large Norwegian law firms, while our eDiscovery tool ayfie Inspector is gaining traction in the US. As courts get back to work after the lock-down there, we are seeing revenue increase due to a rising number of transactions.”

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XDD Acquires Anexsys

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.”

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HaystackID and NightOwl Global Merge

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 Price of Success? The eDiscovery Pricing Survey (Winter 2021)

Based on the complexity of data and legal discovery, it is...

Deep State? Thirteen Research Reports on the State of eDiscovery Business in 2020

As part of its coverage of the business of eDiscovery, ComplexDiscovery...

X-Road® In Alignment with Digital Public Goods Standard

X-Road® implements a set of standard features to support and facilitate...

Five Great Reads on eDiscovery for November 2020

From market sizing and cyber law to industry investments and customer...

A Running List: Top 100+ eDiscovery Providers

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The eDisclosure Systems Buyers Guide – 2020 Edition (Andrew Haslam)

Authored by industry expert Andrew Haslam, the eDisclosure Buyers Guide continues...

The Race to the Starting Line? Recent Secure Remote Review Announcements

Not all secure remote review offerings are equal as the apparent...

Enabling Remote eDiscovery? A Snapshot of DaaS

Desktop as a Service (DaaS) providers are becoming important contributors to...

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...

The Price of Success? The eDiscovery Pricing Survey (Winter 2021)

Based on the complexity of data and legal discovery, it is...

Deep State? Thirteen Research Reports on the State of eDiscovery Business in 2020

As part of its coverage of the business of eDiscovery, ComplexDiscovery...

A Season of Change? Eighteen Observations on eDiscovery Business Confidence in the Fall of 2020

In the fall of 2020, 77.2% of eDiscovery Business Confidence Survey...

The Continuing Case of Budgetary Constraints in the Business of eDiscovery

In the fall of 2020, 49.4% of respondents viewed budgetary constraints...

Epiq Acquires Hyperion Global Partners

According to Ziad Mantoura, SVP and General Manager for Epiq's legal...

Smarsh Acquires Digital Reasoning

According to the media release, Tim Estes, Founder and CEO of...

Reynen Court Secures Additional Funding

According to the media release, Reynen Court has secured $4.5 million...

DISCO Raises $60 Million

According to the media release, DISCO will use this investment to...

Five Great Reads on eDiscovery for November 2020

From market sizing and cyber law to industry investments and customer...

Five Great Reads on eDiscovery for October 2020

From business confidence and captive ALSPs to digital republics and mass...

Five Great Reads on eDiscovery for September 2020

From cloud forensics and cyber defense to social media and surveys,...

Five Great Reads on eDiscovery for August 2020

From predictive coding and artificial intelligence to antitrust investigations and malware,...