ALM on Thursday announced the acquisition of RivalEdge, a Saratoga-based company that has developed a namesake online service that uses Big Data technology to provide business intelligence to the legal community. The deal was consummated on Tuesday, but the two privately held companies declined to disclose the terms of the transaction.
RivalEdge is now part of ALM’s Legal Intelligence group, which is lead by Kevin Iredell, vice president, research and continuing legal education products. RivalEdge founder Srikanth (“Sri”) Chari has joined ALM and will continue to lead RivalEdge product development. He will remain in California.
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