Recent trends have seen e-discovery companies expanding to the cloud, particularly through M&A activity. But this time, there a twist: a cloud-based e-discovery expanded its capabilities on-premise through acquiring one of the longest-running e-discovery tools on the market.
On March 26, cloud-based e-discovery automation company CloudNine announced it was acquiring the LexisNexis eDiscovery product suite. This includes the LAW PreDiscovery, Early Discovery Analyzer (EDA) and Concordance products. That final one is particularly notable—23.5 percent of respondents to the 2017 LTN Law Firm Tech Survey indicated using the tool for e-discovery.
