Tyler Technologies to Acquire For The Record

Key Terms

saas technical

SaaS, or Software as a Service, is a way of delivering computer programs over the internet, allowing users to access and use them through a web browser without needing to install or maintain the software themselves. For investors, it highlights a business model where companies generate recurring revenue by providing ongoing access to their software, often leading to predictable income and growth potential.

speech-to-text technical

Speech-to-text is software that listens to spoken words and turns them into written text, like a digital transcriptionist converting a conversation into a readable document. Investors care because it enables companies to automate customer support, extract insights from earnings calls or sales calls, improve compliance and reduce labor costs—features that can boost efficiency, lower expenses, and reveal new data-driven revenue opportunities.

multilingual transcription technical

Multilingual transcription converts spoken or recorded speech in multiple languages into accurate written text, often including timestamps and speaker labels. For investors it creates searchable, readable records of earnings calls, regulatory briefings, interviews and clinical discussions—like subtitles that let you review what was said across languages quickly—supporting due diligence, compliance, translation, and faster analysis of global information.

artificial intelligence (ai) technical

Artificial intelligence (AI) is the development of computer systems that can perform tasks typically requiring human intelligence, such as understanding language, recognizing patterns, and making decisions. For investors, AI can enhance how businesses analyze data, automate processes, and innovate, potentially leading to increased efficiency and new opportunities in the market.

cloud-enabled technical

Cloud-enabled means a product, service, or system uses remote servers and internet-based tools to run, store data, or deliver features instead of relying solely on local hardware. For investors, that often signals easier scaling, faster feature updates and predictable recurring revenue (like renting space and staff rather than owning a building), but it also brings reliance on third-party providers and ongoing operational costs that affect margins and risk.

Acquisition will usher courts and justice agencies into the future of courtroom operations

PLANO, Texas--(BUSINESS WIRE)-- Tyler Technologies, Inc. (NYSE: TYL) announced today it has signed a definitive agreement to acquire For The Record, a digital court-recording pioneer with over 30 years of experience as a trusted category innovator. The transaction, which has a cash purchase price of approximately $212.5 million, is expected to close in the first quarter of 2026, subject to the satisfaction of customary closing conditions and regulatory approvals.

For The Record’s SaaS solutions offer sophisticated, secure, and accurate digital recordings that solve operational challenges and industry demands in all 50 U.S. states and around the world, in an industry facing a declining number of court reporters. For The Record has advanced its platform to include “legal grade” speech-to-text and real-time, multilingual transcription technology powered by artificial intelligence (AI). Its proprietary, cloud-enabled software is specifically designed for the complexities of today’s courtrooms.

“For The Record and Tyler Technologies have a shared mission of improving access to justice through transformative technology, creating a seamless courtroom ecosystem for judges, clerks, and attorneys,” said Tony Douglass, chief executive officer of For The Record. “By becoming a part of Tyler, we will combine a leading recording solution for courtrooms with Tyler’s complementary technologies in the courts and justice space to deliver truly comprehensive solutions that benefit the industry.”

Incorporating For The Record’s solutions into Tyler’s Justice portfolio will allow for the creation of the definitive and complete court record, unifying previously fragmented data for the benefit of our clients. By bridging the data courtrooms generate every day with the digital case file and accelerating tasks that data can inform through AI, these solutions offer a new category of “judicial intelligence.” The unprecedented visibility and productivity this allows for goes beyond simple recording and transcription; connecting the digital record to the case file in near real-time heightens awareness for all stakeholders and allows court staff to focus on high-value work to increase courtroom efficiency.

“Tyler and For The Record share a deep understanding of complex judicial workflows and the immense potential of responsible AI,” said Brian McGrath, president of Tyler’s Courts & Justice Division. “This acquisition creates a powerful synergy between the digital record and the case file. Responsible technology has always been required to support the judiciary, and it is a core competency of Tyler. Bringing For The Record onboard accelerates our ability to innovate with next-generation technologies. Ultimately, this empowers us to deliver a new level of resources and insight to the justice system for the benefit of our clients.”

For The Record’s solutions record, securely store, and manage access to hundreds of thousands of hours of court proceedings in all 50 U.S. states, including the Superior Court of Los Angeles County, King County Superior Court in Washington, Trial Courts of Massachusetts, and the Superior Court of Arizona in Maricopa County.

Founded in 1993, For The Record is headquartered in Phoenix, Arizona, with additional offices in Boston, Massachusetts, and Brisbane, Queensland (Australia). The management and staff of For The Record will become part of Tyler’s Courts & Justice Division after closing.

About Tyler Technologies, Inc.

Tyler Technologies (NYSE: TYL) is a leading provider of integrated software and technology services for the public sector. Tyler’s end-to-end solutions empower local, state, and federal government entities to operate efficiently and transparently with residents and each other. By connecting data and processes across disparate systems, Tyler’s solutions transform how clients turn actionable insights into opportunities and solutions for their communities. Tyler has more than 45,000 successful installations across 15,000 locations, with clients in all 50 states, Canada, the Caribbean, Australia, and other international locations. Tyler has been recognized numerous times for growth and innovation, including on Government Technology’s GovTech 100 list. More information about Tyler Technologies, an S&P 500 company headquartered in Plano, Texas, can be found at tylertech.com.

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View source version on businesswire.com: https://www.businesswire.com/news/home/20260201576237/en/

Jennifer Kepler

Tyler Technologies

972.713.3770

Media.team@tylertech.com

Source: Tyler Technologies