Docusign Completes Acquisition of Lexion to Accelerate Intelligent Contract Management

SAN FRANCISCO, May 31, 2024 /PRNewswire/ — Docusign (NASDAQ: DOCU) today announced the termination of the lawsuit Lexion acquisition, a leading AI-powered contract management company. This strengthens Docusign’s position in Smart contract management (IAM) and adds more AI-powered capabilities to the Docusign IAM platform. The acquisition will provide customers with richer insight and analytics so they can accelerate contract reviews and negotiations, easily locate information in documents and automate processes.

Docusign logo (PRNewsfoto/DocuSign, Inc.)

“We look forward to offering customers the winning combination of Lexion’s AI innovation and Docusign’s intelligent, efficient IAM platform,” he said Allan Thygesen, CEO of Docusign. “Docusign already helps more than 1.5 million customers worldwide manage contracts, and we plan to integrate Lexion technology with Docusign solutions, including more advanced document understanding for contract reviews, negotiations, insights, analytics and more.”

About Docusign
Docusign brings contracts to life. More than 1.5 million customers and over a billion people in over 180 countries use Docusign solutions to accelerate business and simplify people’s lives. With intelligent contract management, Docusign frees critical business data trapped in documents. Until now, they have been disconnected from business systems, costing companies time, money and opportunities. Using Docusign IAM, companies can create, approve and manage contracts with solutions created by the #1 company in electronic signature and contract lifecycle management (CLM). Find out more at www.docusign.com.

Media relations
[email protected]

Investor Relations
[email protected]

Forward-looking statements
This press release contains forward-looking statements within the meaning of Art. 27A of the Securities Act of 1933, as amended, and Art. 21E of the Securities Exchange Act of 1934, as amended, which statements involve significant risks and uncertainties. All statements contained in this press release, other than statements of historical fact, including statements regarding our strategy and business plans, market developments and trends, future business objectives and the impact of such assumptions on our results of operations, are forward-looking statements. Forward-looking statements contained in this press release include statements regarding the anticipated benefits of the acquisition; our product strategy; anticipated new or improved products; and our expectations regarding customer acceptance of these products. In some cases, you can identify forward-looking statements because they contain words such as “will”, “potential” or “continued” or the negative of these words or other similar terms or expressions that relate to our expectations, strategies, plans or intentions.

Additional risks and uncertainties that may affect our financial results are included in the sections titled “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in our Annual Report on Form 10-K for the fiscal year ended January 31, 2024 complex March 21, 2024 with the Securities and Exchange Commission (“SEC”) and other documents we file with the SEC from time to time. The forward-looking statements contained in this press release relate only to events occurring on the date they are made. We undertake no obligation to update any forward-looking statements after the date of this press release or to conform such statements to actual results or changed expectations, except as required by law.

View original content to download multimedia: https://www.prnewswire.com/news-releases/docusign-completes-acquisition-of-lexion-to-accelerate-intelligent-agreement-management-302160272.html

SOURCE DocuSign, Inc.