LexisNexis® Legal & Professional announced that it has acquired Moreover Technologies, Inc., a leading global content delivery service and provider of consolidated current awareness and media management solutions. Financial details of the transaction were not disclosed.
News monitoring and distribution is a large and growing global market segment. It offers corporations, law firms and government institutions content and analytical tools to aggregate, monitor and analyze large volumes of news, legal and social media data to help them understand key market trends. It also highlights how their organizations are perceived, the actions of competitors and suppliers, changes to political, legal and regulatory landscape, and other events that could impact them or their clients.
Moreover is a leading, media management company with a strong emphasis on providing web, social media and broadcast content. Its Newsdesk product offers customers a comprehensive media monitoring, current awareness and content rights management platform. In addition, Moreover offers content to customers and partners throughMetabase and Search Engine Toolkit, which are application programming interfaces (APIs) that enable customers to integrate Moreover content into their systems, products and workflows. Together, these Moreover solutions deliver nearly 4m articles daily from 100 countries and in 75 languages.
With more than 300,000 new articles added daily from 28,000 sources across 150 countries, LexisNexis is a leading, global resource for licensed news and business content. LexisNexis news and business information is currently available through the flagship Nexis®, Lexis Advance® and Lexis® solutions or via LexisNexis® Publisher, which offers current awareness capabilities using a newsletter tool.
In 2015, these respective strengths will be combined to create LexisNexis Newsdesk, a current awareness solution offering professionals a comprehensive suite of news, web content, business information, social media, broadcast media; as well as powerful delivery, integration and analytical capabilities – all from one solution.