TYL News & Events

Tyler Technologies has completed the previously announced acquisition of For The Record, a digital court-recording pioneer with over 30 years of experience as a trusted category innovator. The acquisition includes a cash purchase price of approximately $212.5M For The Record's SaaS solutions offer sophisticated, secure, and accurate digital recordings for the court room. Incorporating these offerings as part of Tyler's justice portfolio will give clients the opportunity to create a seamless courtroom ecosystem, expanding efficiencies for judges, clerks, and attorneys. For The Record brings its advanced "legal grade" speech-to-text and real-time, multilingual transcription technology powered by AI to Tyler's justice portfolio. Its proprietary, cloud-enabled software is specifically designed for the complexities of today's courtrooms. Augmented transcription, along with digital distribution and connectivity to case management systems, will provide near real-time access to transcripts. The result will be modernized, efficient court systems which can help reduce backlogs, improve access to justice, and align more closely with digital transformation initiatives. For The Record management and team members will remain in place and continue to manage operations from their offices in Phoenix, Arizona; Boston, Massachusetts; and Brisbane, Queensland. Tyler is working closely with For The Record on an integration plan for the benefit of the combined operations.

Tyler Technologies announced Michigan's Upper Peninsula 911 Authority, on behalf of the North CAD Group, has signed an agreement to implement Tyler's Enterprise Public Safety, Enterprise CAD and Enterprise Mobile solutions, powered by Amazon Web Services. As one of the largest multi-county Public Safety Answering Point consortiums in the country, UP911 will deploy Tyler's Enterprise CAD and Enterprise Mobile solutions across eight counties in the Upper Peninsula, including Chippewa, Luce, Mackinac, Alger, Delta, Menominee, Dickinson, and Iron counties. The implementation also includes Roscommon, Charlevoix, Cheboygan, and Emmet counties, located in the northern Lower Peninsula of Michigan. This regional deployment also positions Tyler to support additional counties across Michigan that may choose to join the consortium in the future, enabling them to benefit from shared resources, enhanced interoperability, and unified public safety operations.

Notable gainers among liquid option names this morning include Best Buy (BBY) $64.97 +4.57, Tyler Technologies (TYL) $344.65 +13.18, Gartner (IT) $155.50 +5.27, EPAM Systems (EPAM) $137.56 +4.30, and Palo Alto Networks (PANW) $157.68 +4.46.