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Docusign completed the acquisition of Lexion for $165m.

Synopsis

Docusign, a software company, completed the acquisition of Lexion, a provider of AI-powered agreement management software, for $165m. "We can't wait to offer customers a winning combination of Lexion's AI innovation and Docusign IAM's smart, powerful platform. Docusign is already helping over 1.5m customers around the world manage their agreements, and we plan to integrate Lexion's technology into Docusign solutions, including more advanced document understanding for contract reviews, negotiations, insights, analysis, and more," Allan Thygesen, Docusign Chief Executive Officer.

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