X-Road® implements a set of standard features to support and facilitate data exchange and ensures confidentiality, integrity, and interoperability between data exchange parties. Recently the Nordic Institute for Interoperability Solutions (NIIS) highlighted the beta version release of X-Road 7 Security Server software.
According to DISCO CEO Kiwi Camara, “Legaltech is booming now, and the industry’s real growth has only just begun. Over the next five to 10 years, legaltech will emerge as the next high-growth category of enterprise software. We are delighted to see investors acknowledge DISCO’s position as the category creator and category leader for legaltech. Legal departments and law firms are embracing the power of artificial intelligence to automate away the parts of the practice of law that don’t require human legal judgment, freeing great lawyers to do the work that only they can do.”
According to the European Commission, the Digital Services Act is a comprehensive set of new rules, which regulate the responsibilities of digital services. Together with the Digital Markets Act, it will create a safer digital space for users of digital services, protecting their fundamental rights online. The Acts will also create a level playing field so that digital businesses can grow within the single market and compete globally.
The presented listing highlights key industry business moves by sharing the announcement date, acquired company, acquiring or investing company, and acquisition amount (if known) of significant eDiscovery-related mergers, acquisitions, and investments.
As we are in the midst of a pandemic that has dramatically influenced the eDiscovery ecosystem, we are still seeking to understand the pandemic’s impact on pricing economics. With the need for this understanding in mind, the aggregated results of five semi-annual eDiscovery Pricing Surveys conducted by ComplexDiscovery may be helpful for discovery professionals as they consider pricing sentiment, trends, and trajectories through the lens of the past with an eye toward the future.
As highlighted in the July 9, 2020, blog post from the FTC, increased interest in levels of M&A activity has warranted that the Bureau of Competition’s Premerger Notification Office (PNO) share the monthly figures for Hart-Scott-Rodino (HSR) Act filings. This increased activity can be seen in the strong HSR reported transaction numbers for November 2020. November had 424 reported transactions, the highest number of monthly reported transactions in any month between FY 2010 and FY 2021.
Based on the complexity of data and legal discovery, it is a continual challenge to fully understand what is representative of industry-standard pricing for the delivery of eDiscovery products and services. With this challenge in mind, the semi-annual eDiscovery Pricing Survey is designed to provide insight into eDiscovery pricing through the lens of 12 specific pricing questions answered by legal, business, security, and information professionals operating in the eDiscovery ecosystem. The winter 2021 survey was open from November 21, 2020, until December 3, 2020, and had 79 respondents share their understanding of current pricing for selected eDiscovery services.
According to Nuix, it is a leading provider of investigative analytics and intelligence software with a vision of “finding truth in a digital world”. Nuix’s stated mission is to create innovative software that empowers organizations to simply and quickly find the truth from any data in a digital world. Having been used globally in high-profile investigations including the highly-publicized Panama Papers headline event, Nuix now is finding its own truth as a publicly-traded company on the Australian Securities Exchange.
According to Bobby Balachandran, CEO at Exterro, “Converging market forces in DFIR, e-discovery, privacy and information governance are the driving factors behind this acquisition. To effectively address these critical challenges requires the ability to identify, preserve, analyze and present data in a contextual manner, quickly and inexpensively. It also requires a consistent, defensible process. said Bobby Balachandran. Ensuring the integrity of the data supply chain is of the utmost importance. With the acquisition of AccessData, Exterro combines all of these capabilities in a single, integrated platform to give organizations a holistic framework for addressing their Legal GRC challenges and obligations.”
According to TCDI Founder and CEO Bill Johnson, “For 30 years, we’ve steadily built upon our innovative, client-driven technology, and this move supports our strategy to meet our clients’ growing needs. Both companies share very similar cultures and philosophies which ensures our clients will continue to get the same high-quality service they expect.”