According to David Moran, XDD President, and COO, “As we continue to expand business operations nationwide, adding LightSpeed Legal to the XDD family further bolsters our physical presence in the DC market.”
XDD Acquires RVM
According to XDD CEO Bob Polus, “Merging forces with RVM further strengthens our service offering in the tristate area. RVM’s drive to provide exemplary service to clients across all phases of the EDRM mirrors XDD’s mission, vision, and culture, making it a natural fit for our organization as we continue to expand business operations nationwide.”
Ipro Acquires NetGovern
According to Dean Brown, CEO at Ipro Tech, “We are thrilled to combine the strengths of these two companies and we are positioned to take a competitive advantage as the leader in Information Governance and eDiscovery by incorporating NetGovern’s solutions, people, and knowledge into the Ipro family. By integrating these technologies, we will empower corporations to gain control over their data and lower the costs related to data security, compliance, investigations and litigation through the use of in-place indexing and analysis, data connectors, smart collections, and advanced analytics.”
eDiscovery Mergers, Acquisitions, and Investments in Q2 2020
From UnitedLex to Onna, ComplexDiscovery findings, data points, and tracking information from April 1, 2020, to June 30, 2020, may be useful for understanding merger, acquisition, and investment activity patterns in the eDiscovery ecosystem during the historically unique and COVID-constrained second calendar quarter of 2020.
UnitedLex Acquires Data Science, Analytics, and Investigations Team from Paul Hastings
According to DSAI Team Leader Tom Barnett as reported by Artificial Lawyer, “It’s an incredible opportunity to realize the full potential of what we started during a time when most law firms were not even thinking about – let alone developing – AI and machine learning technology to solve legal problems. We will now be in a position to expand the model to serve legal departments and law firms worldwide.”
eDiscovery Mergers, Acquisitions, and Investments in Q1 2020
From HaystackID and Everlaw to Cellebrite and Carbonite, ComplexDiscovery findings, data points, and tracking information from January 1, 2020, to March 29, 2020, may be useful for understanding merger, acquisition, and investment activity patterns in the eDiscovery ecosystem during the first calendar quarter of 2020.
Pandemic Drives Temporary Changes in Antitrust Investigations from DOJ and FTC
For mergers currently pending or that may be proposed, the DOJ Antitrust Division is requesting from merging parties an additional 30 days to timing agreements to complete its review of transactions after the parties have complied with document requests. If circumstances require, the Division may revisit its timing agreements with merging parties in light of further developments.
How Many Second Requests? Adding Context to eDiscovery Provider Claims of Experience and Expertise
Taken from Federal Trade Commission (FTC) and the Antitrust Division of the Department of Justice (DOJ) reports and data sets, the numbers represented in the following charts highlight metrics that may be useful for law firms, legal departments, and legal services providers seeking to understand the annual pulse rate of Hart-Scott-Rodino Act mandated merger transaction reviews and Second Requests. The charts may also be useful for considering the claims of eDiscovery providers regarding their expertise and experience in supporting Second Requests.
Kenyon Group Advises Information Governance Solutions on its Sale to Access
“The IGS acquisition, together with our prior acquisition of Montaña & Associates, brings world-class solutions and services to Access clients for electronic and physical information management and compliance,” said Rob Alston, Chief Executive Officer of Access. “Information governance advisory services and software are crucial to data security and risk reduction in the entire information management lifecycle-from document management to secure record destruction.”
Three Rules-of-Thumb: FTC Highlights New HSR Thresholds
The Federal Trade Commission recently announced the new HSR thresholds, which will become effective on February 27, 2020. As shared directly by the FTC, the following three rules-of-thumb should help parties determine the relevant thresholds and any resulting reporting obligations that apply based on when the filing is made, when the transaction closes, and when the thresholds adjust.
