US EditionClio Signs Definitive Agreement to Acquire vLex for US$1 Billion, Defining a New Era for AI-Powered Legal Technology
- On June 30, 2025, Vancouver-based legal technology firm Clio announced its plan to purchase Miami-based vLex in a deal valued at US$1 billion, comprising both cash and stock.
- Clio pursued this acquisition after a competitive process to integrate vLex's AI-powered legal research platform, expanding beyond its practice management software business.
- Founded in 2000 by Lluís and Angel Faus, vLex operates a global law library with over one billion enriched legal documents and developed Vincent, an AI assistant trusted by thousands of legal teams.
- Clio CEO Jack Newton characterized the acquisition as a strategic venture that brings together legal services and their operational aspects within a single organization, enabling enhanced intelligence and scalability to transform legal technology.
- This acquisition establishes a new legal technology category by combining research, practice management, and AI, doubling Clio's addressable market and empowering legal professionals with deeper insights.
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Clio Signs Definitive Agreement to Acquire vLex for US$1 Billion, Defining a New Era for AI-Powered Legal Technology
The transformative union of legal research, practice management, and cutting-edge AI marks a category shift in legal technology that converges the business and...
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