LexisNexis has acquired State Net a provider of legislative and regulatory content and tools in the United States. Financial terms of the acquisition were not disclosed.
State Net collects, normalizes and editorially enhances all bills introduced in the 50 U.S. state legislatures, the District of Columbia and the U.S. Congress, as well as all agency regulations from every state. The service also provides timely delivery of data, legislative intelligence and in-depth content and tools reporting on the actions of government institutions.
State Net provides users access to information on individual legislative bills and their progress within twenty-four hours of public availability. It also enables subscribers to obtain current versions of bills and statutes, check the validity of statutes, track pending changes to statutes and regulations, and research historical summaries of legislative actions. State Net tools and content enable users to assess the impact of proposed legislation and regulations, influence proposed matters, and reduce compliance risk.
[Our Emphasis] The State Net content and tools have been distributed under license by LexisNexis for more than 20 years, and this acquisition will enable LexisNexis to improve upon them with the addition of primary law content and integration into its offerings for the US legal, business, government and academic markets. While LexisNexis remains the primary distributor of State Net content in the legal markets following the transaction, LexisNexis will honor State Net legal commitments to third party distributors.