Wolters Kluwer Acquires Della AI

Wolters Kluwer (EURONEXT: WKL) acquired Della AI, an organization offering an AI expertise platform based mostly on pure language processing (NLP).

The quantity of the deal was not disclosed.

Della AI will change into a part of the Legal Software unit of Wolters Kluwer Legal & Regulatory, which affords LegalTech options similar to Legisway, all-in-one software program for company authorized departments, and Kleos, cloud-based authorized follow administration software program for legislation corporations. 

Led by Christophe Frèrebeau, founder and CEO, Della AI gives a platform that permits authorized professionals to evaluate contracts in a number of languages by merely asking questions. It goals to make discovering, analyzing, and extracting knowledge from contracts simple by means of AI. Founded in 2018, has workplaces in London and Paris and employs 16 professionals.

Led by Giulietta Lemmi, CEO, Wolters Kluwer gives skilled info, software program options, and companies for the healthcare; tax and accounting; governance, threat and compliance; and authorized and regulatory sectors. The firm reported 2021 annual revenues of €4.8 billion. The group serves clients in over 180 international locations, maintains operations in over 40 international locations, and employs roughly 20,000 individuals worldwide. Wolters Kluwer is headquartered in Alphen aan den Rijn, the Netherlands.

FinSMEs

02/01/2023

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