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
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