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DocuSign Inc. – Docusign Completes Acquisition of Lexion to Accelerate Intelligent Agreement Management

SAN FRANCISCO, May 31, 2024 /PRNewswire/ — Docusign (NASDAQ: DOCU) today announced that it has completed the acquisition of Lexion, a leading AI-powered agreement management company. This strengthens Docusign’s position in Intelligent Agreement Management (IAM) and adds more AI-assisted capabilities to the Docusign IAM platform. The acquisition will bring richer insights and analysis to customers so they can speed up contract reviews and negotiations, easily locate information within documents, and automate processes.

Docusign Logo (PRNewsfoto/DocuSign, Inc.)

“We can’t wait to offer customers a winning combination of Lexion’s AI innovation and Docusign IAM’s smart, powerful platform,” said Allan Thygesen, Chief Executive Officer at Docusign. “Docusign is already helping over 1.5 million customers around the world manage their agreements, and we plan to integrate Lexion’s technology into Docusign solutions, including more advanced document understanding for contract reviews, negotiations, insights, analysis, and more.”

About Docusign
Docusign brings agreements to life. Over 1.5 million customers and more than a billion people in over 180 countries use Docusign solutions to accelerate the process of doing business and simplify people’s lives. With intelligent agreement management, Docusign unleashes business critical data that is trapped inside of documents. Until now, these were disconnected from business systems of record, costing businesses time, money, and opportunity. Using Docusign IAM, companies can create, commit to, and manage agreements with solutions created by the #1 company in e-signature and contract lifecycle management (CLM). Learn more at www.docusign.com.

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Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which statements involve substantial risk and uncertainties. All statements contained in this press release other than statements of historical fact, including statements regarding our business strategy and plans, market growth and trends, objectives for future operations, and the impact of such assumptions on our results of operations are forward-looking statements. Forward-looking statements in this press release include statements related to the anticipated benefits of the acquisition; our product strategy; anticipated new or enhanced products; and our expectations regarding customer acceptance of those products. In some cases, you can identify forward-looking statements because they contain words such as “will,” “potential,” or “continue” or the negative of these words or other similar terms or expressions that concern our expectations, strategy, plans or intentions.

Additional risks and uncertainties that could affect our financial results are included in the sections titled “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in our annual report on Form 10-K for the fiscal year ended January 31, 2024 filed on March 21, 2024 with the Securities and Exchange Commission (the “SEC”) and other filings that we make from time to time with the SEC. The forward-looking statements made in this press release relate only to events as of the date on which such statements are made. We undertake no obligation to update any forward-looking statements after the date of this press release or to conform such statements to actual results or revised expectations, except as required by law.

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SOURCE DocuSign, Inc.


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