ATLANTA, GA and PORTLAND, OR—November 29, 2012—DTI, the
nation’s largest independent provider of discovery services, facilities
management, and knowledge process outsourcing, today announced its
acquisition of Fios, Inc.,
a pioneering firm in electronic discovery and one of the industry’s
most recognized brands. Effective immediately, the company will be known
as “Fios, A DTI Company.”
Since its inception in 1999, Portland, Oregon-based Fios has
advocated approaches that reduce the costs and the risks of e-discovery.
This is most notably executed through the smart application of
best-in-breed technologies, such as those offered by kCura, Venio, Equivio, and Content Analyst.
Going forward, the company will expand on this strategy by enhancing
the broader DTI organization with additional experienced project
managers and operations team members, a majority of whom are Relativity
Certified Administrators. In addition, the Fios acquisition will provide
DTI clients with expanded product development resources and proprietary
workflow applications, such as the Fios Redaction Assistant.
“We felt the opportunity to bring Fios into the DTI family was quite
attractive. They have exactly what we look for—an exceptional group of
high-performing employees, a respected name, strong relationships with
an impressive list of AmLaw 100 and Fortune 500 corporate clients, and
most importantly, similar values and corporate cultures,” said John
Davenport Jr., president and CEO, DTI. “DTI will leverage this expertise
to continue advancing our leadership position in the discovery services
market.”
Fios is one of only six Relativity Orange Best-in-Service companies
out of 140 total Premium Hosting Providers worldwide. To earn this
designation, Fios had to pass evaluations and audits for technical
expertise, customer service, product knowledge, and scale of operations
while maintaining an established installed base exceeding 1,000 active
Relativity users.
“DTI has been a market leader to watch in recent years,” said Katey
Wood, an analyst at the Enterprise Strategy Group. “The company has
aggressively expanded its geographic reach and built out its digital
services arm to become a cross-functional asset to businesses across the
country. With this most recent acquisition of Fios, the company gains a
stronghold of highly distinguished Relativity talent and acumen.”
Terms of the current deal — which is DTI's third this year — were not disclosed. In September, DTI acquired legal staffing company Provius, based in Houston. In July, DTI bought computer forensics specialist Data Forté, of Los Angeles.
Friday, November 30, 2012
DTI Acquires Fios
Labels:
acquisitions,
funding news,
product updates,
service updates
Thursday, November 01, 2012
Elite Document Technology Acquires Dallas based Peritia Data Discovery
Dallas, Texas -- November 01, 2012
Terry Reeves, CEO of Elite Document Technology, today announced that the company has acquired Peritia Data Discovery. Peritia was formerly Litigation Solution, Inc. and has been a well-known litigation support provider in Texas since 1994. Peritia provides sophisticated technologies for electronic discovery, with an emphasis on consultative implementation for more competitive litigation support solutions.
The acquisition of Peritia positions Elite at the forefront of litigation support providers. By combining the strengths of the two companies, Elite is now one of the most comprehensive solution providers in the industry. The team at Peritia brings deep expertise in e-discovery tools and technologies. They are veterans of the litigation support industry, and they provide a consultative approach that makes discovery more affordable and efficient.
“Elite already offers a wide variety of legal support options, but adding the Peritia products takes us to a whole new level,” said Terry Reeves, owner and CEO of Elite. “We are especially excited to add Viewpoint to our product line. Our research of litigation support software has convinced us that Viewpoint is the best e-discovery technology on the market. Terry Vaughan and the team at Peritia really know industry best-practices, and they provide the best training and support for Viewpoint.”
Elite customers will also appreciate the security of the new Tier 4 data center that Peritia has for their cloud-based hosting services which is a perfect combination with Elite’s internal private cloud. By moving from desktop applications to a private cloud computing architecture, users gain access to a wider range of functions and features, and eliminate the need to constantly monitor, evaluate and purchase new software. This type of data infrastructure offers the most powerful processing resources, flexible storage capacities, high data accessibility and security features available.
“We have partnered with Elite on many projects over the years, and we have always been impressed with their level of quality and commitment to their clients,” said Terry Vaughan, owner and president of Peritia Data Discovery, who joins the Elite team as a Litigation Support Consultant. “This acquisition makes sense for all of us at both companies, but it’s the customers who will really benefit. The wider range of products and services available to law firms and corporate legal departments will streamline litigation and help reduce costs.”
Labels:
acquisitions,
funding news,
partnerships
Subscribe to:
Posts (Atom)