Acquisition Accelerates Company's Worldwide Expansion, Expands The DocuSign Global Trust Network
Today, DocuSign, Inc. (DocuSign®) announced its acquisition of Algorithmic Research, Ltd. (ARX). The acquisition builds on a three year business partnership between DocuSign and ARX, bringing together ARX's best-in-class CoSign digital signature technology with the world's leading Digital Transaction Management (DTM) platform, to empower customers to transact business with full trust and confidence anywhere in the world. DocuSign's acquisition of ARX further accelerates the company's worldwide expansion and broadens The DocuSign Global Trust Network.
"DocuSign is the undisputed global standard for Digital Transaction Management," said Gadi Aharoni, CEO, ARX. "ARX customers will benefit from the robust cloud-based workflow and transaction management capabilities of the DocuSign Digital Transaction Management (DTM) platform – complete with Bank Grade Security and Carrier Grade Availability – to empower them to transact anytime, anywhere, on any device. Securely."
"ARX has been a great partner for DocuSign for many years," said Keith Krach, DocuSign Chairman and CEO. "They have a high performance team, strong customer focus, world class technology, and deep domain expertise. We're delighted to have ARX's customers and partners join The DocuSign Global Trust Network."
ARX, with its CoSign line of products, offers important compliance certifications critical for customers in Europe, the Americas and Asia, including NIST's FIPS 140-2 Level 3 and Common Criteria EAL4+ certifications. CoSign is used by millions of users globally to transact business in the most highly regulated industries, including life sciences, government and public sector, financial services, healthcare and engineering. The CoSign product line includes native integrations into a wide variety of systems including Microsoft Office, Office 365, SharePoint, Nintex, K2, OpenText, Oracle, Alfresco and more.
