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home / news releases / TRI:CC - Thomson Reuters purchases Altira's portfolio company ThoughtTrace

TRI:CC - Thomson Reuters purchases Altira's portfolio company ThoughtTrace

Thomson Reuters Corporation
Denver-headquartered Altira, an energy technology-focused venture capital firm, announced the sale of its Houston-based portfolio company ThoughtTrace to Thomson Reuters (NYSE:TRI). Transaction terms remain undisclosed. ThoughtTrace’s proprietary AI-based software platform, originally developed to interpret complex oil and gas contracts, uses AI and machine learning to read thousands of words at once and extract valuable insight from unstructured data buried in large volumes of complex contractual documents.

For further details see:

Thomson Reuters purchases Altira's portfolio company, ThoughtTrace
Stock Information
Company Name: Thomson Reuters Corporation
Stock Symbol: TRI:CC
Market: TSXC
Website: thomsonreuters.com
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