LexisNexis Picks Up San Francisco Startup Ravel Law
By Benjamin Horney (June 8, 2017, 3:56 PM EDT) -- LexisNexis Legal & Professional has agreed to acquire Ravel Law, a venture-backed legal research and analytics firm that has developed artificial intelligence and machine-learning technologies that enable attorneys to quickly and efficiently mine and glean insight from court documents, the companies said Thursday.
The financials of the deal were not disclosed. The transaction is part of a push from LexisNexis to bolster the technology offerings that power the company's core legal research solutions, according to a statement. Ravel Law's AI, machine-learning and natural language processing technologies allow attorneys to sort through case opinions and other court documents to identify patterns and...
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