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Lexisnexis Group acquires Courtlink Corp.

LexisNexis Group (Dayton, OH), a unit of Reed Elsevier, has finalized the terms of a definitive agreement to acquire CourtLink Corp. (Bellevue, WA), a unit of Internet Capital Group and a provider of Web-based services for electronically filing legal documents and accessing and monitoring court records. No terms of the deal were given. The deal is subject to, among other things, approval be Court- Link shareholders.

CourtLink claims to have been the first company to create a single online platform for both electronically accessing records and filing documents with the courts. The company has 90 courts online and adds over 1 million pages electronically filed and served per month. In Colorado, CourtLink developed and now operates the first and only state-wide electronic filing system. The service enables users to search and retrieve case information from more than 200 million records in 1400 federal, state and local court systems.

CourtLink services include eAccess, eFile, and eFM, a software product for court case management systems. CourtLink targets its services to law firms, insurance and title companies, screening and investigative agencies and the media.

CourtLink operations will stay in Washington. LexisNexis North American president/ceo Lou Andreozzi said "we firmly believe the online services and emerging markets CourtLink has pioneered will bring temendous value to the legal profession at large.'
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Title Annotation:from Internet Capital Group
Comment:Lexisnexis Group acquires Courtlink Corp.(from Internet Capital Group)
Publication:Business Publisher
Article Type:Brief Article
Geographic Code:1USA
Date:Oct 31, 2001
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