Docusign Completes Acquisition of Lexion to Accelerate Intelligent Agreement Management

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.”