LexisNexis has announced the acquisition of Moreover Technologies, a content delivery and media management service. This acquisition will provide LexisNexis the opportunity to offer law firms and government institutions the analytical tools to aggregate, monitor and analyse large volumes of news, legal and social media data in order to understand trends.
In 2015, the two firms’ technologies will be combined to create LexisNexis Newsdesk, a ‘current awareness’ solution. The solution will offer professionals a comprehensive suite of news, web content, business information, social media and broadcast media in addition to powerful delivery, integration and analytical capabilities.
Tom Ogburn, managing director of global business insight solutions at LexisNexis, said: "This is a very exciting announcement. Up to now, there has not been a singular resource to comprehensively gather, analyse and share all the information needed to track current events that impact a business.
"With Moreover, there will be a new, state-of-the-art solution from LexisNexis that provides access to an unmatched, comprehensive suite of content, via an easy-to-use interface with tools to analyse and deliver information in multiple ways across an organisation."