Legal technology is still a vertical still growing and expanding as a whole, but already some areas are showing signs of market consolidation. Two intellectual property-focused software providers, Anaqua and Lecorpio, today announced they'd merge their two operations. Following the merger, the unified organization plans to push new development in its IP software offerings.

The consolidated company, which will retain both companies' individual branding, plans to continue support for both Anaqua's and Lecorpio's current software platforms, as well as its current geographic presence across the U.S., Europe and Asia.

Anaqua CEO Bob Romeo will lead the consolidated company. Lecorpio head Jay Madsen will step down as CEO.