LEGAL SOFTWARE CLOSE GOCKE $ 1B IN DATA GANT DED

Monday, Clio, Clio, a duty of duty, cogustled duties that has agreed to acquire VLEX data data and stock of $ 1 billion and stock of $ 1 billion of money.

The announcement comes about a year after the clio’s Massive Clio, that you almost doubled the Vancouver, Company’s British Company rating at 2021 at $ 3 Billion.

Village, that was Largustin to be acquired the private Equity in the Okley equity in 2022, it was a very searched power, second Newton, Ceyru and Ceyru Cyni.

Harvey, the Legal Tech Starter in Ai-Native, Tried to Buy Vlex A Year, but the acquisition has not arrived, As reported by information Last July.

VLEX is a valuable property because their legal database can improve a lot of patterns ai for lawyers.

“DATIS and one of Alicum’s Unit of Defensible Competibles a company can have in the” Newton ‘space said to Techcrunnch.

Volle competing with the base of thomson reutals reutals and Lexisnexis. Acquisition comes little after Harvey announced a Partnership with LexismixisThe purpose of enriching the ai with Lexisnexis data.

With the acquisition of vlex, clion, that provides fore-day-trip, the track of payment, and now imports the pretty in the practice of law.

In the past few years, VLEX has matches constructed, a model you built on the company’s legal database.

“AI will drive a converge of which software categories: Leg’s League” “Negon’s” Needon “Heart Clouses in the Firm and Median Segment of the Aid Lifermaid to AIR Vincent’s ability.

In addition to advertising the plans to acquire VLEX, clio said that has reached $ 300 million in annual recurring recurring.