Increased interest in levels of M&A activity has resulted in the Bureau of Competition’s Premerger Notification Office (PNO) publishing the monthly figures for Hart-Scott-Rodino (HSR) Act transactions. The latest monthly update from the PNO is for April 2021 and noted 266 reported transactions. This is the highest number of monthly reported transactions in any April between FY 2010 and FY 2021. It is also the fourth-highest number of reported transactions in any month since October 2010.
According to Adam Belsher, Magnet Forensics’ CEO, “I’m proud of the team that has gotten Magnet Forensics to this important milestone. Our customers are seeing significant growth of cybercrime and digital evidence related to their investigations globally. The investment in Magnet Forensics, through the IPO, is ultimately an acknowledgement of the importance of these challenges and provides resources to tackle them more aggressively.”
When considering leaders for an organization’s marketing efforts, it is important to evaluate not only that leader’s understanding of digital marketing tactics, techniques, and tools, but it is also equally important to assess that leader’s ability to execute, not just talk, about digital marketing programs.
According to Bob Polus, XDD Founder and CEO, “As part of XDD’s ongoing acquisition strategy, Paralaw further expands our brand, services and market reach on an international stage. The Paralaw team brings a solid reputation to the XDD table in providing advanced short and long-term legal staffing solutions.”
In the spring of 2021, 25.0% of respondents viewed budgetary constraints as potentially having the greatest business impact on their business during the next six months. This percentage is the highest of all business impact concerns represented in the spring 2021 survey. This percentage is the lowest rating in the area of budgetary constraint concerns since the beginning of the COVID pandemic in the spring of 2020. This is also the fourteenth time in twenty-two surveys that the issue of budgetary constraints has been the top concern or tied for the top concern by survey respondents.
“This is a significant step for Consilio and XDD to bring together our respective strengths to deliver a more complete experience to the whole spectrum of client needs,” said Andy Macdonald, the Chief Executive Officer of Consilio who will continue as CEO of the combined company. “Joining our companies together will provide exponential growth opportunities for our clients. We believe our employees’ experience is directly connected to their ability to provide world-class service and solutions for our clients.”
According to Bob Polus, XDD Founder and CEO, “As the market demand for remote and onsite managed review services continues to grow, adding Lexolution’s expertise to the XDD services mix further expands our bench depth and breadth. Coupled with their broader legal staffing services, the Lexolution team brings a wealth of experience and expertise to the XDD table as we continue to expand our Managed Review Services in key markets nationwide.”
According to Phil Goodwin, Research Director, IDC, “The last 12 months have underscored how organizational agility is at a premium, and IT leaders are increasingly turning to cloud technologies to increase business resilience and velocity. Companies able to simplify complex data protection processes, particularly by leveraging the cloud, can gain strategic advantage through better data availability and Druva Cloud Platform is architected to make it a compelling choice for organizations navigating cloud migrations.”
X-Road® is open-source software and ecosystem solution that provides unified and secure data exchange between organizations. This standardized, cohesive, collaborative, interoperable, secure data exchange gives service providers an entirely new opportunity to make themselves visible in services directed at citizens, businesses, and civil servants. It also may be a key enabler of enterprise interoperability and innovation for legal, business, and information technology professionals operating in the legal technology sector.
In the spring of 2021, 93 eDiscovery Business Confidence Survey participants chose to answer at least one of the optional business operational metric survey questions in the quarterly survey. 22.6% of survey respondents reported DSO as increasing in the spring of 2021. This is a solid decrease from 31.5% reporting DSO as increasing in the winter of 2021. However, this is still the second-highest percentage of respondents reporting DSO as increasing since the introduction of operational metric questions into the business confidence survey in the winter of 2019.