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Sirion completed the acquisition of Eigen Technologies.

Synopsis

Sirion, an AI-native CLM platform, completed the acquisition of Eigen Technologies, a research-driven AI company specializing in NLP for businesses in finance, law, and professional services. Financial terms were not disclosed. "We are excited to welcome Eigen to Sirion. We have been at the forefront of teaching computers how to read contracts the way lawyers do. This combination of Sirion with the Document AI and IDP platform built by Dr. Lewis Liu and his Eigen team creates the world’s largest labelled contract dataset and allows us to extract valuable insights from a wide range of commercial documents adjacent to contract – such as invoices, purchase orders and performance reports – and drive deeper value realization for the business," Ajay Agrawal, Sirion Founder & CEO.

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