NEW YORK and BOSTON, October 4, 2012 – TransPerfect Legal Solutions (TLS), a leading global provider of legal support services, announced the acquisition of Boston-based Digital Reef, Inc. Digital Reef will become a division of TransPerfect Legal Solutions. Financial terms of the acquisition were not disclosed.
Founded in 2006, Digital Reef was named a Market Leader in IDC’s most
recent MarketScape of standalone early case assessment (ECA)
applications. Digital Reef is a leading eDiscovery software provider for
corporations, law firms, and litigation support service providers
with complex discovery requirements. The company’s eDiscovery platform,
available in both on-premise and SaaS versions, is an enterprise-scale
solution used in legal matters, regulatory inquiries, and corporate
investigations.
“Digital Reef has been increasingly used by the world’s largest
corporations and law firms for multijurisdictional, complex cases.
Combining Digital Reef’s unique Big Data processing power with the
global footprint of TransPerfect will provide our clients with a new
level of service and scalability,” said Ivan O'Sullivan, chief operating
officer of Digital Reef. “TransPerfect has more than 80 offices
worldwide and an array of global data centers. Our clients will benefit
from greater support around the country and around the world.” As part
of the merger, Mr. O'Sullivan will continue to lead Digital Reef and
will join TransPerfect's senior management team.
According to TransPerfect Co-CEO Phil Shawe, “We are very excited to
welcome the Digital Reef team to the TransPerfect family. TLS clients
will benefit from having access to a variety of ECA tools delivered by
the Digital Reef platform. Further, Digital Reef's facility is, to the
best of our knowledge, the highest throughput eDiscovery data center in
the world, with the capability of processing more than 17 terabytes of
data per day. This capability has earned Digital Reef its reputation for
being the industry’s fastest, most scalable eDiscovery software
solution.”
Monday, October 08, 2012
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment