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OpenText to Acquire Carbonite

“The Carbonite Board conducted a thorough and comprehensive process, which included contact with a number of strategic and financial parties, to identify the best way to maximize shareholder value,” said Steve Munford, Interim Chief Executive Officer and President/Executive Chairman of the Board of Carbonite. “The Board strongly believes that a transaction with OpenText delivers compelling, immediate and substantial cash value to shareholders.”

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Proofpoint to Acquire ObserveIT for $225 Million in Cash

“Today’s ObserveIT acquisition underscores Proofpoint’s commitment to providing organizations with people-centric cybersecurity and compliance solutions that protect what matters: their people and the data they have access to, in a post-perimeter, cloud-first world,” said Gary Steele, chairman of the board and chief executive officer of Proofpoint.

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Veristar Announces Company Launch and Supporting Acquisition

“Successful organizations are built on the strength of their people, and that is the foundation of Veristar,” says company founder, CEO and president Rick Avers. “Our team has unmatched experience handling sensitive information in litigations, investigations, regulatory requests and other complex data matters for clients in a wide array of industries. That expertise helps us to quickly understand client needs and case strategies, guiding us to identify the right approach and implement the most efficient solution.”

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Got Second Requests? 41st Hart-Scott-Rodino Report Released

The recently released 41st Annual Hart-Scott-Rodino (HSR) Report shares a 10-year summary of HSR transactions reported, second requests issued, and early terminations granted by the agencies, as well as a detailed statistical profile of transactions reported during fiscal year 2018. Enacted by Congress in 1976, the Hart Scott Rodino Act gives the federal government the opportunity to investigate and challenge mergers that are likely to harm consumers before injury occurs. The Commission vote to issue the report was 5-0.

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Iron Mountain Expands into Colombia with BPO Acquisition

“With this acquisition we’re reaffirming our commitment to providing customers across the globe with leading solutions for storing, protecting and managing their information and assets,” said Ernest Cloutier, Executive Vice President and General Manager, Iron Mountain International. “This transaction is part of our strategy to scale our presence in Latin America where we have significant growth opportunities for our information management business.”

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XDD Acquires Beyond IT Forensics

Bob Polus, XDD President and CEO states, “As the catalyst for most matters, forensic services are an integral part of our end-to-end service offering.  With existing XDD forensics offices in nine locations nationwide, bringing in the Beyond IT team expands our presence in the populous south-central US.   Coupled with their expertise in cybersecurity, Paul Price, Principal at Beyond IT, will lead the XDD Forensics team in providing exemplary services to clients nationwide.”

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Guidehouse to Acquire Navigant Consulting, Inc. for $1.1 Billion

“The combination of Navigant and Guidehouse will create a powerful, global consulting organization characterized by deep industry expertise and leading technical know-how. Our companies are aligned with similar cultures and strong core values. Through the integration of our two firms, our employees will enjoy expanded growth opportunities, and our combined clients will access a wider array of expertise, tools, and technologies to help them achieve their goals.”

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Legility Acquires eDiscovery Company iControlESI

With the acquisition, Legility assumes iControlESI’s two leading technology platforms: RECENSEO, a highly functional hosting and review platform, and ENVIZE, an AI/Predictive Analytics tool that is integrated with the widely used Relativity platform.

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Pivotal Announces Acquisitions of Strategic Legal Solutions and Compiled by KLDiscovery

“These transactions represent significant milestones for our company as we grow our business and expand our Information Governance and eDiscovery software offerings,” said Chris Weiler, CEO of KLD. “Strategic Legal Solutions’ robust client base will now have access to KLD’s extensive platform and Compiled’s ReadySuite offering will provide additional flexibility in how we address the industry’s unique data management needs. Together, these acquisitions broaden our customer base with the addition of key client relationships, strengthen our end-to-end technology platform and provide significant revenue opportunities for the future.”