M&A
Contract lifecycle mgmt co. Icertis acquires legal-tech player Dioptra
SaaS unicorn Icertis has acquired AI-led legal-tech platform Dioptra . As part of the deal, Dioptra’s existing team will join Icertis’ product and engineering departments.Dioptra was founded in 2021 by ex-IBM Watson AI scientist Pierre Arnoux, ex-Yahoo systems engineer Jacques Arnoux and former Spotify product manager Farah Gasmi. It operates an AI-driven legal tech startup focused on contract intelligence.Dioptra offers agentic AI solutions that automate contract review processes such as playbook creation, redlining, chat-assisted reviews, and instant search across contract repositories.Icertis powers contract lifecycle management (CLM) for more than one-third of the Fortune 100 across 90 countries. The deal comes close on the heels of Icertis reshuffling its top leadership and elevating COO Anand Subbaraman to the post of CEO.
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