Thomson Reuters acquires AI-powered deal data and analytics platform Noetica

Thomson Reuters said it will integrate the AI platform into its CoCounsel offering
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Raghu Ramanathan, president, Thomson Reuters legal professionals Photo courtesy of Thomson Reuters

Thomson Reuters has acquired AI platform Noetica, which remodels transaction data into structured market intelligence for deal professionals.

Thomson Reuters said it intends to integrate Noetica’s AI market intelligence platform across its own AI agentic technology CoCounsel, with the aim to allow deal professionals to benchmark key deal terms throughout negotiations and offer in-depth data analysis throughout the workflow of a deal.

Raghu Ramanathan, president of Thomson Reuters’ legal professionals business, said that Noetica’s AI native platform in combination with CoCounsel will deliver “realtime market insight” into transaction-related legal work.

He added: “This acquisition will result in a transformative leap forward and accelerates our strategy to deliver vertical specific, professional-grade AI to private practice and in-house deal professionals.”

The acquisition strengthens Thomson Reuters’ in-house AI talent pool, with Noetica’s team including AI scientists, PhDs and experienced legal and finance experts.

Dan Wertman, CEO and co-founder of Noetica and a former associate at Wachtell Lipton Rosen & Katz, said: “By combining our vertical AI specialisation with Thomson Reuters’ category-defining solutions, we will provide a new generation of market-aware legal AI.

“As the industry evolves, I’ve never been more convinced that content, innovation and trust will win the day: nobody has been better at providing that to professional services than Thomson Reuters.”

New York-based Noetica was founded in 2022. Thomson Reuters Ventures – the company’s venture capital fund – invested in the AI start-up’s $22m Series A funding round back in 2024.

In January this year, Thomson Reuters announced that CoCounsel Legal had been launched in the UK.

Thomson Reuters saw organic revenue for its three main business segments, including legal professionals, increase 9% in 2025, according to its latest financial results.

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