Relativity Fest 2018. Relativity Acquires VerQu to Address Growing Needs Around Collaboration Tools
Relativity acquired data management software company VerQu as part of an ongoing effort to meet subscriber pain points around collaboration tools.
January 06, 2021 at 10:36 AM
4 minute read
So far, 2021 isn't lacking in legal tech M&A activity. Relativity announced Wednesday that it has acquired the data management software company VerQu for an undisclosed sum.
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Michael G. Bongiorno, Andrew Scott Dulberg and Elizabeth E. Driscoll from Wilmer Cutler Pickering Hale and Dorr have stepped in to represent Symbotic Inc., an A.I.-enabled technology platform that focuses on increasing supply chain efficiency, and other defendants in a pending shareholder derivative lawsuit. The case, filed Oct. 2 in Massachusetts District Court by the Brown Law Firm on behalf of Stephen Austen, accuses certain officers and directors of misleading investors in regard to Symbotic's potential for margin growth by failing to disclose that the company was not equipped to timely deploy its systems or manage expenses through project delays. The case, assigned to U.S. District Judge Nathaniel M. Gorton, is 1:24-cv-12522, Austen v. Cohen et al.
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