Relativity Acquires Contract Review Solution Heretik, Eyeing RelativityOne Integration
As part of the acquisition, Heretik, which was co-founded by a Relativity alumnus, will be rebranded as Relativity Contracts.
August 29, 2022 at 10:16 AM
4 minute read
E-discovery company Relativity announced Monday that it acquired contract review provider Heretik for an undisclosed sum. In a press release, the company said that Heretik's solution will be rebranded as Relativity Contracts and integrated into RelativityOne.
Relativity CEO Mike Gamson told Legaltech News that the impetus behind the acquisition was a growing demand for combining both e-discovery and contract review capabilities. "This is a technology that was something we've had our eye on for a long time. … We've always admired [Heretik's] work. And we've heard from our mutual customers how much they appreciate it. So the decision to bring this internal to Relativity [will] allow us to deliver to our customers that deeply integrated, purpose-built set of contract-intelligence solutions that they've been asking for."
He added, "We know from their feedback that in a perfect world, most of our customers would prefer to have a single integrated suite of software that accomplishes as many of the use cases that they are asked to accomplish as possible."
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