SAN
FRANCISCO, May 31, 2024 /PRNewswire/ -- Docusign
(NASDAQ: DOCU) today announced that it has completed the
acquisition of Lexion, a leading AI-powered agreement management
company. This strengthens Docusign's position in Intelligent
Agreement Management (IAM) and adds more AI-assisted
capabilities to the Docusign IAM platform. The acquisition will
bring richer insights and analysis to customers so they can speed
up contract reviews and negotiations, easily locate information
within documents, and automate processes.
"We can't wait to offer customers a winning combination of
Lexion's AI innovation and Docusign IAM's smart, powerful
platform," said Allan Thygesen,
Chief Executive Officer at Docusign. "Docusign is already helping
over 1.5 million customers around the world manage their
agreements, and we plan to integrate Lexion's technology into
Docusign solutions, including more advanced document understanding
for contract reviews, negotiations, insights, analysis, and
more."
About Docusign
Docusign brings agreements to life.
Over 1.5 million customers and more than a billion people in over
180 countries use Docusign solutions to accelerate the process of
doing business and simplify people's lives. With intelligent
agreement management, Docusign unleashes business critical data
that is trapped inside of documents. Until now, these were
disconnected from business systems of record, costing businesses
time, money, and opportunity. Using Docusign IAM, companies can
create, commit to, and manage agreements with solutions created by
the #1 company in e-signature and contract lifecycle management
(CLM). Learn more at www.docusign.com.
Media Relations
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Investor Relations
investors@docusign.com
Forward-Looking Statements
This press release contains
forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended, which statements
involve substantial risk and uncertainties. All statements
contained in this press release other than statements of historical
fact, including statements regarding our business strategy and
plans, market growth and trends, objectives for future operations,
and the impact of such assumptions on our results of operations are
forward-looking statements. Forward-looking statements in this
press release include statements related to the anticipated
benefits of the acquisition; our product strategy; anticipated new
or enhanced products; and our expectations regarding customer
acceptance of those products. In some cases, you can identify
forward-looking statements because they contain words such as
"will," "potential," or "continue" or the negative of these words
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expectations, strategy, plans or intentions.
Additional risks and uncertainties that could affect our
financial results are included in the sections titled "Risk
Factors" and "Management's Discussion and Analysis of Financial
Condition and Results of Operations" in our annual report on Form
10-K for the fiscal year ended January 31,
2024 filed on March 21, 2024
with the Securities and Exchange Commission (the "SEC") and other
filings that we make from time to time with the SEC. The
forward-looking statements made in this press release relate only
to events as of the date on which such statements are made. We
undertake no obligation to update any forward-looking statements
after the date of this press release or to conform such statements
to actual results or revised expectations, except as required by
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SOURCE DocuSign, Inc.