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DocuSign acquires SpringCM for $220M to continue evolution beyond electronic signatures

Art Post · 7/31/1810:22 PM

DocuSign said it has agreed to acquire SpringCM, a Chicago-based cloud document generation and contract management company, for $220 million in cash. DocuSign says the acquisition will help its growth beyond its bread and butter work in electronic signatures to modernizing what it calls the System of Agreement . That includes everything from preparing, signing, executing, and managing agreements. “DocuSign pioneered the e-signature category, and has built a strong SaaS business around that...

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DocuSign acquires SpringCM for $220M to continue evolution beyond electronic signatures

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