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Announced

Litera to acquire Prosperoware.

Synopsis

Litera, a provider of legal technology solutions, agreed to acquire Prosperoware, an enterprise software company for the adoption and governance of collaboration systems. Financial terms were not disclosed. "The acquisition would help Litera execute its vision to transform the way legal teams collaborate. The addition of Litera's tools and other core applications into Prosperoware's platform will automate the new matter, budget, and deal creation process and provide legal teams with a single pane of glass to view and manage their work. Further, this acquisition continues our commitment to partner with law firms to build connections between Litera tools and other core tools lawyers depend on to get their work done, including Microsoft Teams, iManage, NetDocuments, Windows File Shares, and other systems," Avaneesh Marwaha, Litera CEO.

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