Information Today, Inc. Corporate Site KMWorld CRM Media Streaming Media Faulkner Speech Technology Unisphere/DBTA
Other ITI Websites
American Library Directory Boardwalk Empire Database Trends and Applications DestinationCRM Faulkner Information Services Fulltext Sources Online InfoToday Europe KMWorld Literary Market Place Plexus Publishing Smart Customer Service Speech Technology Streaming Media Streaming Media Europe Streaming Media Producer Unisphere Research


News & Events > NewsBreaks
Back Index Forward
Threads bluesky LinkedIn FaceBook Instagram RSS Feed
Weekly News Digest

October 13, 2015 — In addition to this week's NewsBreaks article and the monthly NewsLink Spotlight, Information Today, Inc. (ITI) offers Weekly News Digests that feature recent product news and company announcements. Watch for additional coverage to appear in the next print issue of Information Today.

CLICK HERE to view more Weekly News Digest items.

Wolters Kluwer Details Benefits of New Acquisition

Wolters Kluwer has been promoting its new product benefits since its acquisition of Effacts, a Netherlands-based legal management software provider. For example, the company notes that customers can take control of corporate and legal risks, increase efficiencies and save money, and better manage their legal departments and meet company goals. Effacts houses legal information such as contracts and compliance information to help companies control their obligations and rights, and its easy-to-navigate dashboard allows quick access to key information. Corporate counsels can use the platform to view and analyze work distribution within the legal department and optimize the use of human resources. Different departments can use it to collaborate with each other or with external legal service providers.

Effacts is geared to small and medium enterprise legal departments, filling a coverage gap for Wolters Kluwer in middle-market companies that need sophisticated solutions to improve their workflow. By joining with Wolters Kluwer, Effacts will be able to extend the reach of and enhance its products. Wolters Kluwer expects that the acquisition will cover its cost of capital within 3–5 years.

For more information, read the press release.

Send correspondence concerning the Weekly News Digest to NewsBreaks Editor Brandi Scardilli

Related Articles

1/5/2023Wolters Kluwer Buys an AI Technology Provider Catering to Legal Professionals
6/6/2017Wolters Kluwer Keeps an Eye on the President and the 115th Congress
9/22/2015Fastcase Acquires Wolters Kluwer's LoislawConnect
7/21/2015Cheetah Legal Research Platform Debuts
7/31/2014LexisNexis and Wolters Kluwer Share Legal Businesses
5/6/2013Wolters Kluwer Expands Daily Reporting Suite

Comments Add A Comment

              Back to top