Collexis Acquires Lawriter LLC

Feb 08, 2008

Collexis Holdings, Inc., a developer of high definition search and knowledge discovery software, announced that the company has acquired Lawriter LLC, which owns legal research service Casemaker. Total consideration for the acquisition was $9 million, including cash, common stock at $0.75 per share and future financial obligations, plus an earnout arrangement. Lawriter is a legal online provider to the small and medium law firm market that comprises 450,000 attorneys.