2nd Addendum to e-Disco is Hot: Clearwell Sells for $410 Million!

Ralph Losey

I know this addendum thing is getting ridiculous, but what can you say after you learn that Clearwell just sold for $410,000,000! The lucky buyer is Symantec Corp. (Nasdaq: SYMC). They hope to close the deal by September.

Congrats to all of my friends at Clearwell! This is no bubble like the IPO today of Linked In that doubled in price in three hours. This has been a long time coming, and it is just the start of the real thing, like the IPO of Google. Law firms and companies around the world are beginning to realize the importance of e-discovery and search to democratic systems of justice. See the Reuters Thomson article for a summary of the Clearwell acquisition. See e-discovery 2.0 by Clearwell for the complete story.

Who will be next?

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Written by 

AI Specialist, Quantum Law educator. Retired Attorney and Arbitrator with 45 years experience in law and legal-tech. Online Educator and Course Designer. Writer and AI Tool Maker. Focused exclusively on generative AI since late 2022. Machine learning ('predictive coding') from 2012-2022. Quantum Law since 2025. CEO of Losey AI, LLC. See popular industry blog at e-discoveryteam.com and Losey.ai. More about Ralph found at: https://e-discoveryteam.com/about/

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2 thoughts on “2nd Addendum to e-Disco is Hot: Clearwell Sells for $410 Million!”

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