Welcome to our dedicated page for DocuSign news (Ticker: DOCU), a resource for investors and traders seeking the latest updates and insights on DocuSign stock.
DocuSign, Inc. (NASDAQ: DOCU) is revolutionizing the way we execute agreements and conduct business globally. Established in 2003 and headquartered in San Francisco, DocuSign offers an industry-leading suite of cloud-based software solutions that empower organizations to automate the agreement process. With its flagship product, eSignature, DocuSign provides the world's #1 way to sign electronically on virtually any device, from almost anywhere, at any time.
More than 1.5 million customers and over a billion users in 180+ countries utilize DocuSign's comprehensive solutions to streamline business processes, reduce paper waste, and enhance productivity. Companies of all sizes and industries leverage DocuSign’s digital transaction management (DTM) platform and Agreement Cloud to accelerate contract cycles, approvals, and workflows.
The company's Agreement Cloud is a broad suite that includes products for generating, managing, and acting on agreements. Recently, DocuSign extended its offering with the introduction of Intelligent Agreement Management (IAM). This innovative platform utilizes AI to transform static documents into actionable data, thereby enhancing contract review, negotiation, and overall agreement management.
DocuSign has demonstrated robust financial performance and continuous innovation. For instance, its fiscal quarter ended October 31, 2023, marked record non-GAAP operating margins and free cash flow, a testament to its efficient operational strategies. The company’s recent acquisition of Lexion for $165 million will integrate advanced AI capabilities, further solidifying DocuSign's leadership in the IAM space.
To stay updated on DocuSign’s latest news, financial results, and product updates, one can follow @docusign on Twitter, Instagram, Snapchat, or Facebook and subscribe to the DocuSign blog. Investors can find detailed financial information and webcasts on the DocuSign Investor Relations website.
For support, visit www.docusign.com/support or call (866) 219-4318.
Docusign announced the acquisition of Lexion for $165 million to enhance its Intelligent Agreement Management (IAM) platform. The acquisition will bring powerful AI capabilities to simplify contract processes and streamline agreement management. Co-founders of Lexion will join Docusign in senior roles, driving innovation and value for both companies.
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