11:00 AM EST, 01/02/2025 (MT Newswires) -- Thomson Reuters ( TRI ) , a content and technology company, on Thursday said it has acquired cPaperless, doing business as SafeSend, for US$600 million in cash.

SafeSend is a U.S.-based cloud-native provider of technology for tax and accounting professionals. According to a statement, its' solutions are used by accounting firms of all sizes across the U.S., including 70% of the country's top 500 firms. The company is headquartered in Michigan and has 235 employees.

Separately, Gannett Co. and Reuters also announced an agreement to provide media brands and publishers with an offering that includes ready-to-publish local, regional, state, national and international multimedia news and content. The new offering will combine Reuters' national and international coverage with Gannett's USA TODAY Network coverage of local news from more than 200 publications across the country.

Also, CUBE said Thursday it has closed the acquisition of Thomson Reuters Regulatory Intelligence and Oden businesses.

The company's shares were last seen up $3.63, to $234.45, on the Toronto Stock Exchange.

Price: 234.42, Change: +3.60, Percent Change: +1.56