LEXISNEXIS ACQUIRES TIME MATTERS AND BILLING MATTERS: Legal, news and business information services provider LexisNexis has taken another step forward in its legal and accounting services strategy through the purchase of Time Matters and Billing Matters — the practice management workflow and time and billing software of Cary, N.C.-based Data.TXT Corp.

LexisNexis and Data.TXT have had a business relationship since January 2001, when LexisNexis became a licensed reseller of its own-branded version of Time Matters. Data.TXT and its products are now part of LexisNexis’ North American Emerging and Legal Markets division. The business will continue to operate from Data.TXT’s Cary headquarters. Financial terms of the deal were not disclosed.

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