The Thomson Corporation, based in Eagan, Minn., announced the acquisition of Tulsa, Okla.-based Oden Insurance Services Inc., a provider of insurance compliance and advisory information and workflow tools. Oden will be aligned with Thomson West in the company’s legal segment; terms of the acquisition were not disclosed.
Tim Wahlberg, Thomson West vice president, Strategic Marketing, Corporate Segment, said Oden’s editorial expertise and leadership position in the insurance compliance market provides a powerful complement to West’s legal research information and software offerings.
“Compliance and advisory are among the fastest-growing sources of litigation,” Wahlberg noted. He added, “Oden gives us critical mass in the insurance compliance market, and also provides a suite of innovative insurance workflow software tools.”
Wahlberg said Oden’s combination of high-value content and innovative workflow tools mirrors West’s product development strategy, and its insurance workflow software provides the foundation for extending West’s compliance and advisory strategy into other key specialized markets in the future.
Thomson West’s products include Westlaw Litigator and Westlaw Practitioner, as well as Regulations Plus, Regulations Suite and 50-State Surveys offerings.
Source: Thomson Corporation
Topics Mergers & Acquisitions
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