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Announced

ParkerGale Capital-backed IPRO to acquire ZyLAB.

Synopsis

ParkerGale Capital-backed IPRO, a provider of litigation software tools, agreed to acquire ZyLAB, a provider of eDiscovery based on Artificial Intelligence and data science. Financial terms were not disclosed. "This is a truly exciting next step for IPRO and our customers. Joining forces with the incredible team of people at ZyLAB enables us to provide uniquely innovative product capabilities AND expand our geographic footprint in Europe and the UK. With this acquisition, we are even better positioned to deliver upstream solutions to help our clients and partners manage the risks and costs associated with the continued growth of their unstructured data and legal discovery costs," Dean Brown, IPRO CEO.

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