(IN BRIEF) Wolters Kluwer Legal & Regulatory has agreed to acquire Brightflag, an AI-powered legal spend and matter management software provider, for approximately €425 million. The acquisition, set to close by June 2025, will expand Wolters Kluwer’s presence among mid-size … Read the full press release
Posted in Artificial Intelligence (AI), Business, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Ireland, Management, Marketing, Netherlands, News, Technology
Tagged acquisition, AI, AI-powered technology, annual recurring revenue, Brightflag, Business Growth, corporate legal departments, Europe, Ian Nolan, legal industry, legal operations, legal solutions, legal spend management, legal technology, M&A, Martin O’Malley, matter management, partnership, recurring revenue, U.S., Wolters Kluwer
(IN BRIEF) Samotics, a leading Dutch company in electrical data analytics, has secured €20 million in financing from the European Investment Bank (EIB) to accelerate its research and development on AI-driven technology designed to enhance the reliability and energy efficiency … Read the full press release
Posted in Artificial Intelligence (AI), Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, Netherlands, News, Technology
Tagged AI, AI-powered technology, condition monitoring, decarbonization, EIB, electric motors, electrical data analytics, electrical signature analysis, energy consumption, energy efficiency, energy inefficiencies, ESA, European Commission, European Investment Bank, green transition, industrial reliability, Industry 4.0, InvestEU initiative, Jasper Hoogeweegen, malfunction detection, microchips, operating costs, partnership, predictive analytics, Robert de Groot, Samotics, sustainability, €20 million financing
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