Last week, Thomson Reuters announced it had acquired the secure file-sharing and collaboration platform HighQ. The move comes just a little over three months since the company sold its legal managed service business Pangea3 to EY in favor of doubling down on its content and software business.
So why the sudden change in direction? One of the primary reasons is Thomson Reuters’ desire to alter its relationship to the Big Four, transitioning from competitors to something potentially more lucrative now that the company is no longer operating in the domain of legal managed services.
