LEXISNEXIS announces its agreement to acquire MLEX
Another influential EU B2B media has been taken over by a non-European company - shortly after the FT sale to Nikkei was announced. How will this change the EU's B2B media landscape that is one of the most important control centres for European and global politics. How long can European media groups afford their national blinkers? Has only Axel Springer understood the signs of the times?
Combining resources will create greater customer value and depth of leading edge news offerings helping our customers and their clients anticipate opportunities and mitigate risk
NEW YORK, July 28, 2015 – LexisNexis Legal & Professional (www.lexisnexis.com) a leading provider of content and technology solutions, today announced the acquisition of MLex, a global legal media organization providing exclusive market insight, analysis and commentary on regulatory risk.
“Access to breaking news and expert analysis of the latest developments in regulatory risk is becoming ever more critical for our customers,” said Mike Walsh, CEO of LexisNexis Legal & Professional. “With the addition of MLex, LexisNexis will be able to provide global in-depth coverage of key developments in regulatory risk allowing our clients to keep abreast of the changing regulatory landscape. MLex’s regulatory news offerings will be a great complement to our leading portfolio of news assets including Law360, Nexis and Moreover.”
MLex’s investigative reporting, analytical capabilities and track record of uncovering regulatory risk before it breaks will enable customers to have greater access in the area of legal and regulatory insight, commentary and analysis.
“We are excited to have our exclusive regulatory risk insight and analysis offering join the LexisNexis family. Access to LexisNexis’ technological leadership and global reach is a fantastic opportunity to extend and expand our coverage to more regulatory domains to the benefit of our subscribers,” said Robert McLeod, CEO and co-founder of MLex. Robert McLeod will continue to run MLex, while leveraging the analytical resources and distribution of LexisNexis to further expand its coverage into new regulatory domains.
MLex is an innovative media organization that has a track record of uncovering regulatory risk before it breaks in other news outlets. MLex focuses on providing insight, analysis, and commentary into key developments in regulatory risk. They employ an investigative approach combined with in-depth, forensic coverage of cases via an unrivaled team of experienced and expert reporters, qualified lawyers and industry experts in more than a dozen bureaus around the world, including Brussels, Washington DC, Sao Paolo, Hong Kong and San Francisco.
The acquisition of MLex is part of the continuing LexisNexis commitment to provide critical legal and business content to help customers increase productivity and achieve better outcomes for their organizations and clients.
About LexisNexis® Legal & Professional
LexisNexis Legal & Professional is a leading global provider of content and technology solutions that enable professionals in legal, corporate, tax, government, academic and non-profit organizations to make informed decisions and achieve better business outcomes. As a digital pioneer, the company was the first to bring legal and business information online with its Lexis® and Nexis® services. Today, LexisNexis Legal & Professional harnesses leading-edge technology and world-class content to help professionals work in faster, easier and more effective ways. Through close collaboration with its customers, the company ensures organizations can leverage its solutions to reduce risk, improve productivity, increase profitability and grow their business. LexisNexis Legal & Professional, which serves customers in more than 175 countries with 10,000 employees worldwide, is part of RELX Group plc, a world-leading provider of information solutions for professional customers across industries.
In the UK, LexisNexis www.lexisnexis.co.uk online legal solutions include: Lexis®PSL, Lexis®Draft, Lexis®Smart and Lexis®Library. Published resources include both Butterworths® and Tolley™.
About RELX Group
RELX Group is a world-leading provider of information solutions for professional customers across industries. The group employs about 28,500 people of whom half are in North America. RELX PLC, the London Stock Exchange listed shareholding vehicle, holds 52.9% of the shares in RELX Group. RELX NV, the Amsterdam Stock Exchange listed shareholding vehicle, holds 47.1% of the shares in RELX Group. The shares are traded on the London, Amsterdam and New York Stock Exchanges using the following ticker symbols: London: REL; Amsterdam: REN; New York: RELX and RENX. The total market capitalisation is approximately £22bn / €31bn.
MLex is an independent media organization providing exclusive market insight, analysis and commentary on regulatory risk. Our customers, the world’s leading law firms, corporations, advisory firms and regulators, rely on our reporting to ensure they are well positioned to take advantage of the opportunities posed by regulatory change as well as to mitigate the risks. We have a track record of uncovering regulatory risk before it breaks in other news outlets. Offering up-to-the-minute coverage of regulatory threats and opportunities from the perspectives of M&A, antitrust and trade defense, as well as data privacy and security, we also specialize in sector-specific regulation across TMT, energy and financial services.
MLex’s coverage spans the world’s foremost regulators in the US, Europe, Asia and Latin America.