Tuesday, 27 June, 2023

Thomson Reuters Acquires Casetext, an AI Legal Tech Startup, for $650M in Cash

Thomson Reuters, the global information services company, has acquired Casetext, an AI-powered legal tech startup, in a cash deal worth $650 million. The acquisition reinforces Thomson Reuters' commitment to enhancing its legal technology offerings and providing innovative solutions to the legal industry. By integrating Casetext's advanced AI capabilities, Thomson Reuters aims to improve legal research and analysis, streamline workflows, and deliver enhanced value to its customers.