iManage completed the acquisition of Closing Folders.

iManage, a provider of work product management solutions, completed the acquisition of Closing Folders, a provider of legal transaction management software. Financial terms were not disclosed. "We’ve always been intensely focused on enabling our customers to leverage digital technologies to automate and improve business outcomes. Closing Folders is a strategic addition to our portfolio that has the proven ability to transform transaction-based practices," Neil Araujo, iManage CEO.