LexisNexis Continues to Invest in Analytical Tools
This post has been viewed 3,047 times.
LexisNexis® Legal & Professional today announced its intent to acquire privately held Intelligize, Inc., provider of the industry standard for U.S. Securities and Exchange Commission (SEC) intelligence. The acquisition would expand the LexisNexis securities and M&A offering with new content, innovative tools and analytics while complementing the capabilities of the company’s existing securities solution, Lexis® Securities Mosaic®. Closing of the transaction is subject to certain customary conditions.
Based in Reston, VA, Intelligize™ provides a leading analytics solution enabling legal, academic and business professionals to efficiently mine data and insights from SEC filings, M&A contracts, transactional agreements and corporate governance documents. This enables customers to streamline compliance processes, benchmark peer disclosures, clearly identify market standards, draft documents based on SEC filed precedent and clear SEC reviews in an efficient manner.
“Securities and M&A are extremely important and growing areas of practice, and we are excited by the prospect of bringing the very best SEC intelligence and decision tools from Intelligize into our offering,” said Sean Fitzpatrick Managing Director of North American Research Solutions at LexisNexis. “The combination of Intelligize and Lexis Securities Mosaic would mean we could offer customers an attractive set of securities content and analytics tools to help them quickly, confidently and effectively understand the securities environment and manage filings.”
Intelligize delivers documents and data analytics by leveraging advanced natural language processing and machine learning technology applied to the vast data contained within SEC and other related databases. Intelligize has become an important tool for a significant number of the Top 200 top US law firms; Fortune 500 companies such as IBM, Microsoft, Starbucks, Verizon; many top global accounting firms; prestigious U.S. universities and government agencies. Its deep domain expertise delivers leading solutions for professionals requiring SEC and deal-making intelligence.
Read original articleTags:
