DocuSign Acquires Lexion for $165M
May 6, 2024
DocuSign has agreed to acquire Lexion, a Seattle-based AI-powered contract and agreement management startup, for $165 million in cash. The acquisition will fold Lexion's AI-driven contract understanding, drafting and workflow capabilities into DocuSign's Intelligent Agreement Management (IAM) platform to accelerate product innovation and deepen AI capabilities for customers.
- Buyers
- DocuSign
- Targets
- Lexion
- Industry
- Cloud & SaaS
- Location
- Washington, United States
- Transaction Type
- Buyout
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