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Stock impact report

DOCUSIGN ANNOUNCES AGREEMENT TO ACQUIRE LEXION [Yahoo! Finance]

DocuSign, Inc. (DOCU) 
Last docusign, inc. earnings: 3/12 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
SAN FRANCISCO May 6, 2024 /PRNewswire/ -- Docusign, (NASDAQ: DOCU) today announced its agreement to acquire Lexion, a leading provider of AI-powered agreement management software, for $165 million in cash, subject to customary adjustments. The acquisition will bolster Docusign's position in Intelligent Agreement Management (IAM), a growing SaaS category, and will add more powerful AI capabilities to the Docusign IAM platform Lexion's innovative AI-based agreement technology simplifies and centralizes the contract process, enabling accelerated drafting, negotiation, and review of agreements. With a suite of solutions designed for creating automated workflows and extracting vital information from contracts, Lexion has established itself as a proven leader in streamlining agreement management. "We are thrilled to welcome Lexion to Docusign," said Allan Thygesen , Chief Executive Officer at Docusign. "We share a vision of smarter agreement management and our joint AI-powered innovati Show less Read more
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