Reveal Data Logo Reveal Acquires LIGL, Adds Workflow Automation and Legal Hold Capabilities to Reveal 11 Platform
"The acquisition of LIGL highlights Reveal's commitment to an ongoing approach to growth that emphasizes customer needs over everything else," said Wendell Jisa, founder & CEO of Reveal. "The LIGL team and the technology they bring to Reveal will augment Reveal 11's seamless investigative and eDiscovery functionality."
March 20, 2023 at 08:00 AM
5 minute read
Mergers and Acquisitions
On Monday, AI-powered e-discovery provider Reveal-Brainspace announced the acquisition of LIGL, the provider of a cloud-based, automated evidence lifecycle management platform. The financial details of the acquisition were not disclosed.
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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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