Source: Investor Observer
Thomson Reuters Corporation (“Thomson Reuters”) (NYSE / TSX: TRI) announced today that it has closed on its previously announced acquisition of Casetext, Inc. (“Casetext”), a provider of technology for legal professionals, for a purchase price of $650 million in cash.
Founded in 2013, Casetext uses advanced AI and machine learning to build technology for legal professionals, creating solutions that help them work more efficiently and provide higher-quality representation to more clients. Casetext’s customers include more than 10,000 law firms and corporate legal departments. Its key products include CoCounsel, an AI legal assistant powered by GPT-4 that delivers document review, legal research memos, deposition preparation, and contract analysis in minutes…
Read full article: https://www.investorsobserver.com/news/qm-pr/6268054502663963
