SAN FRANCISCO, Sept. 4, 2018 /PRNewswire/ -- DocuSign, Inc.
(Nasdaq: DOCU), which offers the world's #1 eSignature
solution as part of its broader platform for automating the
agreement process, today announced it has completed its acquisition
of SpringCM, a leading cloud-based document generation and contract
lifecycle management software company. With SpringCM, DocuSign will
accelerate customers' ability to modernize their Systems of
Agreement—all the way from preparing to signing, acting-on, and
managing agreements.
"Every company is undergoing a digital transformation and
automating the foundation of doing business – the agreement process
- has never been more strategic," said Dan Springer, CEO,
DocuSign. "Now with SpringCM, DocuSign will be able to bring
the same simplification and acceleration it brought to eSignature
to the rest of the agreement process. I am thrilled to
welcome SpringCM to the DocuSign family."
Media Relations:
Adrian
Wainwright
Head of Communications
media@docusign.com
Investor Relations:
Annie
Leschin
VP Investor Relations
investors@docusign.com
About DocuSign, Inc.
DocuSign (Nasdaq: DOCU) helps
organizations become more agree-able by connecting and automating
how they prepare, sign, act-on, and manage agreements. As part of
our System of Agreement (SofA) Platform, we offer DocuSign
eSignature—the world's #1 way to sign electronically on practically
any device, from anywhere, at any time. More than 400,000 customers
and hundreds of millions of users worldwide already use DocuSign to
accelerate the process of doing business and simplify people's
lives.
For more information, visit www.docusign.com, call
+1-877-720-2040, or follow @DocuSign on Twitter, LinkedIn,
Facebook, Instagram and Snapchat.
Copyright 2003-2018. DocuSign, Inc. is the owner of
DOCUSIGN® and all of its other marks
(www.docusign.com/IP). All other marks appearing herein are the
property of their respective owners.
About SpringCM
SpringCM helps work flow by delivering an innovative document
management and workflow platform, that powers the leading contract
lifecycle management (CLM) application. SpringCM empowers companies
to become more productive by reducing the time spent managing
critical business documents. Intelligent, automated workflows
enable document collaboration across an organization from any
desktop or mobile device. Delivered through a secure, scalable
cloud platform, SpringCM document and contract management solutions
seamlessly integrate with Salesforce, or work as a standalone
solution.
Every day, more than 600 companies use SpringCM to improve
customer experience and get more done, faster. For more information
about SpringCM, visit http://www.springcm.com.
Forward-Looking Statements
This press release includes
forward-looking information related to the Company, SpringCM and
our acquisition of SpringCM that involves substantial risks,
uncertainties and assumptions that could cause actual results to
differ materially from those expressed or implied by such
statements. Forward-looking statements in this communication
include, among other things, statements about the potential
benefits of the SpringCM acquisition, our ability to develop our
System of Agreement platform and deliver product innovation, our
possible or assumed business strategies, potential growth
opportunities, new products and potential market opportunities.
Risks and uncertainties include, among other things, our ability
to successfully integrate SpringCM's operations; our ability to
implement our plans, forecasts and other expectations with respect
to SpringCM's business; our ability to realize the anticipated
benefits of the acquisition of SpringCM, including the possibility
that the expected benefits from the acquisition will not be
realized or will not be realized within the expected time period;
disruption from the acquisition making it more difficult to
maintain business and operational relationships; the negative
effects of the consummation of the acquisition on the market price
of our common stock or on our operating results; unknown
liabilities; attracting new customers and maintaining and expanding
our existing customer base; our ability to scale and update our
platform to respond to customers' needs and rapid technological
change; increased competition on our market and our ability to
compete effectively; and expansion of our operations and increased
adoption of our platform internationally.
Additional risks and uncertainties that could affect our
financial results are included in the section titled "Risk Factors"
and "Management's Discussion and Analysis of Financial Condition
and Results of Operations" in our prospectus dated April 26, 2018, our quarterly report on Form 10-Q
for the quarter ended April 30, 2018
and other filings that we make from time to time with the
Securities and Exchange Commission ("SEC"), which are available on
the SEC's website at www.sec.gov. In addition, any forward-looking
statements contained in this communication are based on assumptions
that we believe to be reasonable as of this date. Except as
required by law, we assume no obligation to update these
forward-looking statements, or to update the reasons if actual
results differ materially from those anticipated in the
forward-looking statements.
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SOURCE DocuSign, Inc.