15 October 2009

Sale of CCH Workflow

CCH Workflow is being sold by Wolters Kluwer Asia Pacific to e-law.

CCH Workflow Solutions was originally Diskcovery, a litigation support company. Wolters Kluwer bought them out some years ago and brought them under the CCH banner. However, to most industry players this was an 'interesting' play, because litigation support wasn't really part of CCH's core functions of professional services information provision.

So, somewhat unsurprisingly it hasn't really worked out for Wolters Kluwer, and is probably a good acquisition for e-law. However, a lot of CCH Workflow customers would also have been customers of e-law, so the buying price may not have been too high!

The first retrenchments have been announced.

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