Docusign + Lexion logos Docusign to Acquire CLM Provider Lexion for $165M in Cash
Docusign looks to strengthen its position in Intelligent Agreement Management by adding Lexion's generative AI capabilities to the Docusign IAM platform, in the process expanding its ability to serve the legal market.
May 06, 2024 at 04:15 PM
4 minute read
On Monday, electronic document and e-signature company Docusign announced it has entered an agreement to acquire contract life cycle management provider Lexion for $165 million in cash, "subject to customary adjustments," a news release stated. In an email to Legaltech News, a spokesperson for Docusign said the company expects the deal to close in a few weeks.
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