Houston-based Onit Inc., a fast-growing enterprise legal software company, is extending its capabilities in contract management through another acquisition.
Onit has acquired SecureDocs, a Santa Barbara, California-based software company specializing in contract management, electronic signatures and virtual deal rooms, the companies announced Jan. 11. Financial terms of the acquisition were not disclosed.
Onit develops workflow operations and artificial intelligence software for corporate departments in legal, finance, compliance, sales and more. The addition of SecureDocs bolsters Onit's contract lifecycle management (CLM) offerings for legal departments. SecureDoc's software products are used to manage over 13 million contracts and documents in 96 countries, Onit said. read more here