Thomson Reuters Acquires ThoughtTrace from Altira Group

May 10, 2022

Thomson Reuters has acquired Houston-based AI document analytics company ThoughtTrace from Altira Group. The acquisition brings ThoughtTrace's AI/ML-powered contract and document intelligence capabilities into Thomson Reuters' product portfolio; financial terms were not disclosed.

Buyers
Thomson Reuters
Targets
ThoughtTrace, Inc.
Sellers
Altira Group LLC
Location
Texas, United States
Transaction Type
Buyout

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