Wednesday, October 31, 2007

Iron Mountain To Acquire Stratify, Inc.

BOSTON and MOUNTAIN VIEW, Calif., Oct. 31 /PRNewswire-FirstCall/ -- Iron Mountain Incorporated , the global leader in information protection and storage services, today announced the signing of a definitive agreement to acquire Stratify, Inc. for approximately $158 million in cash. Stratify, a leader in advanced electronic discovery services for the legal market, offers in-depth discovery and data investigation solutions for AmLaw 200 law firms and leading Fortune 500 corporations. With this acquisition, Iron Mountain augments its suite of eDiscovery services, providing businesses with a complete, end-to-end Discovery Services solution that efficiently manages paper and digital information for discovery and data investigations, compliance and associated records management, and litigation matters.

"With today's increased litigation and regulatory investigations, businesses are facing significant pains associated with the growing cost and complexity of discovery across tremendous volumes of discoverable information," said John Clancy, president of Iron Mountain Digital, the technology arm of Iron Mountain. "In order to help meet our customers' needs in this area, we began an exhaustive search for the leading provider of electronic discovery and investigation services. We formed a partnership with Stratify that has since evolved into a natural extension of the Iron Mountain Digital portfolio."

Wednesday, October 17, 2007

Océ Business Services Integrates Native File Review

NEW YORK, N.Y. (October 1, 2007) – Océ Business Services, Inc. today announced that it has incorporated an integrated native file electronic document review capability into its electronic discovery platform. This enhanced functionality will help corporations and law firms increase productivity, lower risk, and significantly reduce costs.

Native file review capabilities dramatically enhance the review of large electronic document collections, significantly streamlining the process. With 90 percent of today’s information in electronic files, millions of electronic documents in various formats can be involved in the initial review of a complex litigation. File types can range from email to spreadsheets and word processing documents.

Océ Business Services has addressed these challenges by integrating native file review capability with its dataDeliver™ ASP document review system, a service offered through its CaseData electronic discovery and litigation support division. dataDeliver™ ASP is a Web-based tool that provides collaborative review and production of scanned paper and electronic files. The native file document review solution integrates seamlessly with dataDeliver™ ASP. This enables clients to quickly incorporate the ability to view high-fidelity representations of electronic native files into their document review strategy.

Monday, October 15, 2007

Aptara Announces Equity Investment From American Capital Strategies Ltd.

FALLS CHURCH, VA–(MARKET WIRE)–Sep 19, 2007 — Aptara, Inc., a global leader in integrated content transformation solutions, today announced that American Capital Strategies, Ltd. (NasdaqGS:ACAS - News) has made an additional equity investment of $23 million in Aptara. Aptara will use the additional capital to recapitalize the Company and to finance growth both in the United States and overseas.

“Aptara is an innovative and dynamic company and we are pleased to be bolstering our partnership with them with this investment,” said David Steinglass, Senior Vice President, Managing Director, American Capital.