Source: Tech Times
DocuSign’s artificial intelligence resources have reportedly been boosted as the company acquires Lexion, an AI-powered contract management firm. The firm revealed on Monday that it will acquire contract workflow automation firm Lexion for $165 million.
The acquisition coincides with DocuSign’s growing expenditures in the contract management market. Most recently, the company introduced DocuSign IAM, a service that links several elements of the corporate agreement generation and negotiation process.
The nonprofit Allen Institute’s AI-focused research division, the Allen Institute for Artificial Intelligence (AI2), served as Lexion’s incubator.
Along with engineering guru James Baird and former Microsoft research software development engineering head Emad Elwany, Gaurav Oberoi started the business.
Read full article: https://www.techtimes.com/articles/304368/20240507/docusign-acquires-lexion-tapping-ai-models-future-features.htm
