BigHand has acquired metadata solutions provider PayneGroup, in a move designed in part to appeal to in-house legal departments looking to cut costs by bringing tools traditionally leveraged by law firms in-house.
November 22, 2019 at 07:00 AM
1 minute read
On Tuesday, software provider BigHand announced that it had acquired PayneGroup, Inc., a company known for its metadata extraction solutions.
The acquisition comes as BigHand looks to capitalize on a trend that sees corporate legal departments bringing more work in-house in an effort to cut costs, a process which may include implementing solutions that can scrub compliance-busting metadata from documents.
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