Shearman, Kirkland Guide $935M Data Platform Buy

Law360 (November 6, 2020, 4:18 PM EST) -- A unit of Canadian telecommunications giant Telus Corp. said Friday it will buy data annotation platform Lionbridge AI for C$1.2 billion (about $935 million), in a deal led by Shearman & Sterling and Kirkland.

Digital solutions provider Telus International said in a joint statement that its deal for Lionbridge AI, a division of Lionbridge Technologies Inc., will better position it to help technology companies develop their machine learning and AI systems for their consumer-facing products.

"We are excited to be welcoming the entire Lionbridge AI team to our Telus International family," Telus International president and CEO Jeff Puritt said in the statement....

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Beta
Ask a question!