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Announced

Hg-backed Litera to acquire Clocktimizer.

Synopsis

Hg-backed Litera, a provider of legal technology solutions, agreed to acquire Clocktimizer, a developer of business intelligence software for law professionals. Financial terms were not disclosed. "Litera's product portfolio and the importance they place on delivering a great customer experience made them a perfect fit. Bram and I are excited to stay on with the business. We believe this acquisition opens up a lot of possibilities to build on our successes and continue to provide our customers with solutions they need to meet client demands while accelerating investment in the product to meet our goals," Pieter van der Hoeven, Clocktimizer CEO and Co-Founder.

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