Onit Inc. started this year with only one acquisition under its belt since its launch in 2011. But today, the enterprise legal management and artificial intelligence solutions provider announced it acquired document automation company AXDRAFT Inc., its second acquisition in 30 days.

Only a month ago, on Nov. 17, Onit announced it purchased artificial intelligence and legal self-service provider McCarthyFinch to weave AI technology throughout its offerings. Today Onit said it is further enhancing its contract life cycle management abilities with the acquisition of AXDRAFT.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]