Acquisition To CreateUnit To Be Known As CT TyMetrix

Tuesday, November 1, 2005 - 01:00

Wolters Kluwer Corporate & Financial Services recently announced the acquisition of Tripoint Systems Development Corporation of Chicago. Tripoint will become part of CT Corporation, a Wolters Kluwer company.

Tripoint, which has 43 employees, will be integrated with TyMetrix, wholly owned subsidiary of CT Corporation, and the combined group will be called CT TyMetrix. By consolidating on a single platform, CT TyMetrix will be able to leverage the combined expertise of the two teams to more rapidly develop new features and applications targeting the corporate legal and insurance claims departments.

In addition, CT TyMetrix will incorporate market-leading features of Tripoint's DirectInvoice application, including electronic data interchange and reporting modules, into TyMetrix 360º integrated e-billing and matter management platform.