NEW YORK — LexisNexis ® Legal & Professional, a leading global provider of information and analytics, today announced that four of its products ...
Extensive enhancements to the industry’s leading Enterprise Legal Management platform make it easier for corporate legal departments to do their ...
Parley Pro strengthens CounselLink’s ELM platform by providing real-time contract collaboration, management, and negotiation; actionable analytics; ...
Leading business intelligence solution saves users time, reduces risk
September 21, 2016 — NEW YORK – 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.
The Intelligize solution deploys real-time data feeds and proprietary algorithms that enable users to efficiently find, analyze, organize and benchmark precisely what they need from more than 18 million SEC filings across 11 distinct areas: SEC Filings, Section Analysis & Trends, Agreements & Other Exhibits, Comment Letters, No-Action Letters, Regulatory Materials, Registered Offerings, Mergers & Acquisitions, Exempt Offerings, Corporate Governance and Firm Memos.
Legal and business customers use Intelligize analytic and tools to easily compare filings, quickly understand market standards, track SEC revision comments and trends, and see model documents and language.
Ultimately, these tools allow users to drive informed decisions and to compose SEC filings and draft many types of agreements based on precedent and best practices. Academic customers also use Intelligize to streamline research, prepare curriculum and develop a deeper understanding of regulatory environments.
Intelligize would gain access to the LexisNexis platform and considerable resources including an extensive base of securities and transactional content, a state-of-the-art global technology platform for integration and access to a large, top-flight sales organization that covers all segments of the legal marketplace.
“We are proud to have built Intelligize into a highly valuable service for our customers and have positioned Intelligize as a leader in corporate transactional research and analytics helping our customers draft, analyze and comply,” said Todd Hicks, CEO of Intelligize. “By joining LexisNexis, we will take the next step by tapping into the global resources, expertise and technology platform needed to rapidly expand our products and offer customers more options, more insights and more tools to help them manage their transactional matters.”
The proposed acquisition is part of the ongoing LexisNexis commitment to offer modern, next-generation legal research solutions that harness the power of Big Data and support the evolving information needs of the legal professional. By building or acquiring solutions that deliver advanced natural language processing and machine learning technologies, LexisNexis helps professionals work more efficiently, make more informed decisions and drive success for their clients, practice and business. The internally developed predictive analytics solution Legislative Outlook, new data visualization tools in Lexis Advance and the acquisition of Lex Machina are all recent examples of this commitment.
About LexisNexis® Legal & Professional
LexisNexis Legal & Professional is a leading global provider of content and technology solutions that enable professionals in legal, corporate, tax, government, academic and non-profit organizations to make informed decisions and achieve better business outcomes. As a digital pioneer, the company was the first to bring legal and business information online with its Lexis® and Nexis® services. Today, LexisNexis Legal & Professional harnesses leading-edge technology and world-class content to help professionals work in faster, easier and more effective ways. Through close collaboration with its customers, the company ensures organizations can leverage its solutions to reduce risk, improve productivity, increase profitability and grow their business. LexisNexis Legal & Professional, which serves customers in more than 175 countries with 10,000 employees worldwide, is part of RELX Group, a world-leading provider of information and analytics for professional and business customers across industries.
About RELX Group
RELX Group is a world‐leading provider of information and analytics for professional and business customers across industries. The group serves customers in more than 180 countries and has offices in about 40 countries. It employs approximately 30,000 people of whom half are in North America. RELX PLC is a London listed holding company which owns 52.9% of RELX Group. RELX NV is an Amsterdam listed holding company which owns 47.1% of RELX Group. The shares are traded on the London, Amsterdam and New York Stock Exchanges using the following ticker symbols: London: REL; Amsterdam: REN; New York: RELX and RENX. The total market capitalisation is approximately £29.1bn/€33.9bn/$37.9bn.
About Intelligize, Inc.
Intelligize is a leading provider of a web-based services platform that enables law firms, accounting firms, corporations and others to more efficiently research, prepare and draft SEC filings, corporate transactions and various agreements within a fast-changing regulatory environment. Through powerful search, filter, compare, analyze and alert capabilities, its suite of applications is designed to help customers cut down on the amount of time and effort it takes to meet reporting requirements and move through the SEC review process. For more information, visit www.intelligize.com.
LexisNexis Legal & Professional
LexisNexis Legal & Professional
Jennifer L. Perez
Head of Marketing