Source: LegalSifter
LegalSifter, a leader in AI-powered contract operations solutions, has acquired Contract Logix, a Lowell, MA-based provider of data-driven contract management solutions. The strategic acquisition expands LegalSifter’s client base, recurring revenues, and product capabilities while offering clients broader access to additional AI and contract operations solutions.
By merging Contract Logix’s 18 years of contract lifecycle management (CLM) expertise with LegalSifter’s AI-driven technology, legal expertise, and contract operations services, LegalSifter will accelerate innovation and growth to help companies contract wisely and eliminate the pains associated with managing contracts.
“Our companies share a common vision, values, and commitment to client success and innovation,” said Kevin Miller, CEO of LegalSifter. “We see this as a natural fit and a great opportunity to expand our client base and deliver the additional services and solutions that their clients have been requesting,” he added.
“We are excited to bring expanded artificial intelligence capabilities, expertise, and services to our customers with LegalSifter’s Contract Control Program,” said Contract Logix CEO Karen Meyer.
Read the full article: https://www.legalsifter.com/news/legalsifter-acquires-contractlogix
