Print
Email
Print Edition Stories
MHT's Galen Moore: Cambridge Innovation Center celebrates 10th anniversary
Ig Nobel Prizes 2009 award winners
Online video firms target small video publishing companies
Boston-based Iron Mountain Inc. reports that its California-based electronic discovery subsidiary Stratify has acquired Legal Imaging Technologies Inc., a San Francisco area company specializing in electronic document conversion and imaging processing.
Adding LIT’s processes and products into Stratify’s e-discovery capabilities will triple Stratify’s production capabilities in its data center operations that support the North America, EMEA and Asia-Pacific markets, according to Iron Mountain (NYSE: IRM) officials.
No financial details of the acquisition were disclosed.
Founded in 1993, Legal Imaging Technologies started as a high-volume, paper-based litigation support services company for firms located in the San Francisco Bay area. The company developed its own high-performance software tools that focused on efficient conversion, stamping, optical character recognition (OCR) and other electronic discovery processes as the e-discovery market grew, officials said.
Iron Mountain paid $158 million to acquire Stratify Inc., based in Mountain View, Calif., in October of 2007. In November, Iron Mountain named Stratify founder Ramana Venkata as the new president of Iron Mountain Digital, the unit that is the parent of Stratify. Venkata had been serving as Iron Mountain Digital’s chief operating officer when he was promoted, replacing John Clancy, who left the company to become CEO-in-residence at Boston investment shop Schooner Capital LLC.
Comments
If you are commenting using a Facebook account, your profile information may be displayed with your comment depending on your privacy settings. By leaving the 'Post to Facebook' box selected, your comment will be published to your Facebook profile in addition to the space below.
RSS Feeds
