Syntheia, a contract and data startup, has acquired Motionize, another startup which offers a Word add-in that improves access to knowledge and provides drafting guidance to transactional lawyers.
The move to acquire the business first started in April 2022, after the two companies had been collaborating for the six months prior. The acquisition process took about a month, and completed on 31 May 2022.
Following this acquisition, Syntheia will be offering four distinct products:
- an intelligent drafting recommender that surfaces precedent clauses while inside Microsoft Word,
- a multi-document terms comparer that identifies variances and risks between contracts,
- a self-sorting clause bank for knowledge management of contracts, and
- a suite of data extraction and natural language processing APIs for legal documents.
Horace Wu, Founder and CEO of Syntheia said:
“We are … … weiterlesen →