Bloomberg Industry Group has expanded its reach in the legal tech world with the acquisition of Dashboard Legal, a project management and collaboration solution. The financial details of this transaction were not made public.
Last year, Bloomberg Law introduced Bloomberg Law Contract Solutions, an AI-powered tool for storing, searching, drafting and negotiating contracts. This marked an important step in the company’s diversification from strict research activities. The addition of Dashboard Legal further extends Bloomberg’s presence in the legal workflow space, demonstrating their continued commitment to expanding the range of tools offered to legal professionals.
For more details about the acquisition, you can refer to the original article on Law.com here.