Thomas Reuters to acquire ThoughtTrace from Altira.

Thomas Reuters, a company which delivers critical information from the financial, legal, accounting, intellectual property, science, and media markets, agreed to acquire ThoughtTrace, a software company, from Altira, a venture capital firm. Financial terms were not disclosed. “Our success at ThoughtTrace has really been built upon a relentless customer focus and a passion for building elegant solutions that meet our customers where they are. Being a part of Thomson Reuters will allow us to continue that at scale, across many industries and use cases. We could not be more excited for what this combination brings to our team members, our customers, and the future of applied artificial intelligence,” Nick Vandivere, ThoughtTrace CEO.