“This acquisition will allow Cellebrite to accelerate the delivery of new Digital Intelligence solutions and services that will empower our customers and allow them to maximize the efficiency and accuracy of their digital investigations. The acquisition is a major milestone in our journey to help our customers build safer communities and we welcome the BlackBag team to Cellebrite.”
The deal strengthens Kroll’s cyber risk capabilities across the APAC region, aligning with and further reinforcing the company’s commitment to providing clients with end-to-end cyber resiliency solutions, from detection and response to remediation, restoration and hardening as Singapore-based RP Digital Security is a leader in computer forensic investigations, digital security, and eDiscovery services.
“We are delighted to welcome the Superior team into the KLDiscovery family,” said Christopher Weiler, CEO of KLDiscovery. “Superior is a well-respected, full-service eDiscovery and litigation support provider in Virginia and has built its business by delivering high-touch, personalized document and eDiscovery services while ensuring the highest quality control and security standards, making them a natural fit with KLD.”
The combined company will deliver a broader range of technology-enabled legal services for the growing global legal operations market and will go forward under the Legility brand. Barry Dark will serve as the combined company’s CEO and Paul Mankoo will continue to be a key member of the executive team with responsibilities across the business.
Since beginning to track the number of publicly highlighted merger, acquisition, and investment (M&A+I) events in the eDiscovery ecosystem, ComplexDiscovery has noted at least 410 M&A+I events between November 2001 and December 2019. In considering M&A+I events in 2019, the following findings, drivers, data points, and tracking charts may be useful for understanding the activity patterns of these business events between January 1, 2019, and December 31, 2019.
“We have confidence in our ability to integrate, innovate and grow the business. As previously highlighted, we are targeting for Carbonite to be on our operating model by the end of Fiscal 2021, or sooner. We expect strong cloud growth and cash flow expansion from the acquisition,” shared Mark J. Barrenechea, OpenText CEO & CTO.
ComplexDiscovery findings, data points, and tracking information that may be useful for understanding M&A+I activity patterns in the eDiscovery ecosystem from October 1, 2019, through December 26, 2019.
Pivotal Acquisition Corp. and KLDiscovery announced today the closing of their previously announced merger and the issuance of $200 million in convertible debentures. In connection with the consummation of the merger, the combined company was renamed KLDiscovery Inc.
Pivotal and KLD have received binding commitments from Ontario Teachers’ Pension Plan and another large global financial institution pursuant to which such parties have committed to making an investment of $100 million in the form of one or more debentures to be issued in connection with the closing of the transaction between the Company and KLD.
Companies worldwide are in a constant battle to stop cybercriminals from stealing employee credentials, to correct accidental user behaviors that can result in unintended data loss, and to prevent malicious employee action. Through this acquisition, Proofpoint will provide security teams with the capability to understand and respond to data being mishandled, whether on a corporate device, in a cloud app like Office 365, or via email allowing teams to rapidly detect, investigate, and prevent potential insider threat incidents.