Microsoft to Buy Text Analysis Company Equivio

Deal For Israeli Startup Could Be Worth Around $200 Million

TEL AVIV— Microsoft Corp. MSFT 0.63% has signed a letter of intent to buy Israel-based text analysis startup Equivio Ltd., a deal that could be worth around $200 million, according to a person familiar with the matter.

The deal could still fall through.

Neither Equivio nor Microsoft would comment.



The technology is already in use by organizations providing litigation support services to law firms and corporate legal departments trying to extract relevant data, such as legal contracts, from massive amounts of documents.

Founded by Amir Milo, Yiftach Ravid and Warwick Sharp, Equivio is based in Rosh Ha’Ayin, some 26 kilometers east of Tel Aviv.

It lists the U.S. Department of Justice, the Federal Trade Commission, KPMG and Deloitte as users of its software.

Write to Orr Hirschauge at
