DOCUSIGN ANNOUNCES AGREEMENT TO ACQUIRE LEXION
Acquisition would accelerate the company’s move to Intelligent Agreement Management
SAN FRANCISCO, May 6, 2024 /PRNewswire/ — Docusign, (NASDAQ: DOCU) today announced its agreement to acquire Lexion, a leading provider of AI-powered agreement management software, for $165 million in cash, subject to customary adjustments. The acquisition will bolster Docusign’s position in Intelligent Agreement Management (IAM), a growing SaaS category, and will add more powerful AI capabilities to the Docusign IAM platform.