The legal research community is abuzz about the acquisition of Lex Machina by LexisNexis. According to Bloomberg BNA news, Lex Machina, founded in 2010, provides analytics primarily around IP litigation. It crawls PACER, the USPTO and the ITC's EDIS databases, capturing data about judges, lawyers, parties and patents to inform lawyers’ litigation strategy, according to the company’s web site. With the transaction, which closed on Friday, Lex Machina will retain its management structure and name. Effective immediately, it has become a wholly owned subsidiary of LexisNexis, according to Lex Machina CEO Josh Becker. Bob Ambrogi at Law Sites Blog has been following the story. He interviewed a VP at LexisNexis who says that Lex Machinas analytics technology will develop in several directions - likely areas of development include other areas of federal court litigation such as securities and bankruptcy. He also sees Lex Machina being used to help power and enhance other LexisNexis products like Lexis Advance and Patent Advisor.