Litera Corp.

A Litera Corp. is a legal tech company.

• Context:
  • It can make Litera Products, such as: Litera Contract Companion.
  • ...
• See: Kira Systems.

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References

2023

• https://linkedin.com/company/literamicrosystems/about/
  • QUOTE: Litera has been at the forefront of legal technology for 25+ years. As a global leader in workflow, AI-powered due diligence review and analysis, collaboration, and data management solutions, Litera provides legal teams with streamlined technology for creating, analyzing, and managing their documents, deals, cases, and data. Litera’s solutions help law firms and legal teams around the world to work more efficiently, accurately, and competitively, and to provide their clients with usable and actionable information.
  • Website: http://www.litera.com
  • Industry: Software Development
  • Company size: 1,193 on LinkedIn
  • Headquarters: Chicago, Illinois
  • Specialties: Document Creation and Automation, Document Collaboration, Metadata Removal - Desktop and Server, PDF Control and Management, Document Comparison, Spreadsheet Comparison, Presentation Comparison, Collaborative Authoring, Transaction Management, Legal Workflow, Legal Workspaces, Clause Library, and Litigation Management

2021

• https://reuters.com/legal/transactional/legal-tech-dealmaking-continues-litera-scoops-up-kira-systems-2021-08-10/
  • SUMMARY:
    • Legal technology company Litera is acquiring contract review and analysis software company Kira Systems for an undisclosed amount.
    • This acquisition will boost Litera's transaction management platform with Kira's machine learning capabilities for contract review.
    • Venture capital firm Insight Partners, an existing investor in Kira, will further invest in Kira and become a minority investor in Litera.
    • Private equity firm Hg will maintain its majority stake in Litera after the acquisition.
    • This is Litera's 12th acquisition in recent years in the legal tech sector.
    • As part of the deal, Kira will spin off a new company called Zuva that will apply AI for corporate contract analysis products.

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