Lewis Silkin has advised Safe Sign Technologies on its sale to Thomson Reuters
28 August 2024
Lewis Silkin has advised UK based AI startup, Safe Sign Technologies, on its sale to Thomson Reuters, a global content and technology company.
Safe Sign Technologies, a leader in legal AI, develops legal-specific large language models (LLMs). The acquisition by Thomson Reuters is part of their $8bn budget to spend on AI-focused deals announced earlier this year and is the legal content company’s next step into AI.
Our deal team was led by Tim Leeson, Corporate Partner with support from Sophie Massing, Associate. Tax advice was provided by Matthew Rowbotham and Emma McGrory, employment advice from Lisa Dafydd, Senior Associate and intellectual property support from Aaron Trebble.
Commenting on the deal, Tim said:
Acting for Alexander and his team at Safe Sign was a delight and a pleasure. To join forces with a global leader in legal resources like Thomson Reuters is a significant gating moment for Safe Sign. To be invited to be there and play our small part was our privilege. Not only is this transaction a major milestone for Safe Sign but it also highlights the growing importance of AI in the legal sector.
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