Mergers and Acquisitions (M&A): Clio Completes $1B vLex Acquisition.
Burnaby, British Columbia – Clio has announced the acquisition of vLex (https://vlex.com/). According to the company announcement Clio is the global leader in legal AI technology, dedicated to empowering legal professionals and law firms of all sizes to operate more intelligently, efficiently, and securely. The company’s Intelligent Legal Work Platform is specifically designed for the legal industry to streamline workflows and enhance decision-making. Following its landmark US$1 billion acquisition of vLex and a US$500 million Series G funding round, Clio is accelerating its evolution as an AI-first company. Trusted by hundreds of thousands of legal professionals in over 130 countries, Clio has also earned approval from more than 100 bar associations and law societies globally. With the integration of vLex, Clio is positioned to deliver a powerful legal intelligence platform, combining its trusted operating system with a comprehensive global legal database to redefine how legal work is performed.
To learn more about Clio, visit https://www.clio.com/
Company LinkedIn Page: https://www.linkedin.com/company/clio—cloud-based-legal-technology/
Company Contact:
Clio
300 – 4611 Canada Way
Burnaby, BC
888-858-2546
SOURCE: http://www.intelligence360.io
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