Thomson Reuters has acquired HighQ, a leading collaboration platform for the legal and regulatory market. Based in London with offices globally including in the United States and India, HighQ offers a secure, cloud-based platform for business collaboration, workflow automation and client engagement.

This acquisition will expand on Thomson Reuters strategic objective to provide more cloud-based software offerings that align with the company’s focus on its core offerings in legal, tax, compliance and risk. Additionally, it will meet a growing market need for legal and regulatory professionals.

In the official announcement, Brian Peccarelli, COO, Customer Markets at Thomson Reuters and head of its Legal Professionals segment said, “Legal professionals are being disrupted by technology change and are seeking software solutions to help them improve costs and increase productivity. The acquisition of HighQ will help us meet customer needs for efficient, compliant workflow collaboration solutions, and supports our ongoing approach to providing open technologies and driving customer innovation.”