Onit completed the acquisition of BusyLamp.

Onit, a provider of enterprise legal management software, completed the acquisition of BusyLamp, an operator of a legal spend and matter management platform. Financial terms were not disclosed. "The acquisition of BusyLamp fulfills several strategic priorities for Onit. First, it will be a valuable contributor to our continued rapid growth. Second, it embeds Onit and its solutions even more deeply into Europe. With the BusyLamp team, we have some of the brightest minds in legal operations and technology on the ground in Germany, the UK and throughout the continent – experts who understand European customers' unique needs. We're now one of the largest ELM software providers in the world, with software that fits any corporate legal department's requirements regardless of size or location," Eric M. Elfman, Onit CEO and Co-Founder.