(Courtesy logos) Thomson Reuters Acquires UK Startup Safe Sign Technologies, Developer of Legal-Specific LLMs
Founded by a current trainee solicitor at A&O Shearman, Safe Sign is the second major generative AI acquisition for Thomson Reuters, following on the company's acquisition of Casetext for $650 million in cash in 2023.
August 21, 2024 at 11:00 AM
4 minute read
Mergers and Acquisitions
On Tuesday, Thomson Reuters announced it has acquired UK-based startup Safe Sign Technologies "to accelerate its AI strategy," according to a press release. The financial details of the acquisition were not disclosed.
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
- France-Based Legal Tech Company DiliTrust Expands to US Market With doeLegal Acquisition
- LexisNexis Announces Agreement to Acquire Contract Drafting Startup Henchman
- KKR Fund Acquires Majority Stake in CLM Provider Agiloft
- American Arbitration Association Acquires ODR.com Parent Company, Planning AI-Powered Expansion
- SurePoint Technologies Acquires Business Intelligence Provider Leopard Solutions
Law Firms Mentioned
Trending Stories
- 1BD Settles Thousands of Bard Hernia Mesh Lawsuits
- 2First Lawsuit Filed Alleging Contraceptive Depo-Provera Caused Brain Tumor
- 3The Law Firm Disrupted: For Big Law Names, Shorter is Sweeter
- 4The Growing Tension—And Opportunity—in Big Law Nonequity Tiers
- 5The 'Biden Effect' on Senior Attorneys: Should I Stay or Should I Go?
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250
