Recent Posts
Only around 50% of M&A deals actually go through according to Forbes magazine. The main reason for that high failure rate is that the companies acquired looked better on paper than they actually were. This makes a well executed due diligence process critical, which is only possible if the full M&A life cycle is properly executed.
If you’re still using FTP or other consumer storage and transfer solutions for your business requirements, here are 3 reasons to switch to an secure modern solution such as a virtual data room. Remember when you discovered FTP (file transfer protocol) and you thought it was so advanced to be able to upload your data to cyber space? In the good old days before online security became a critical issue, FTP was the answer to transferring information, particularly large files. The problem is, FTP is 40 years old now, and that’s ancient in terms of information technology.
Once you’ve identified your virtual data room vendor, the deal enters the pre-due diligence stage. This includes putting in place the infrastructure needed to facilitate the due diligence process, prepare the documents and sign the required agreements between the client and the data room vendor. The steps in this phase depend on whether the process is seller-driven or buyer-driven.
Virtual Data Rooms have come a long way from their main purpose as a secure platform for confidential document sharing. Data Rooms are now moving beyond the transaction space, a shift fuelled by the wide spread acceptence in the finance/IT world. In IT-speak, migration is the process of changing from one platform or operating environment to another. It usually involves the transfer of large quantities of data, and typically happens when your server or storage becomes insufficient to meet your needs.
If you’ve been storing all your confidential company information on an internal server that’s rapidly becoming too small, this would be a good time to migrate over to a cloud storage platform such as a virtual data room.
We are extremely proud with the multiple awards that we have just received from the readers of Acquisition International.
Our virtual Data Room has been named:
- Most User Friendly Dataroom
- Virtual Dataroom Rising Star - US
- Best Virtual Data Room Provider - INDIA
- Best Virtual Data Room Provider - CHINA
- Best Virtual Data Room Provider - SPAIN
SunGard Availability Services
, the global leading security infrastructure provider, selected
EthosData
as the subject of a case study that discusses our new dataroom
infrastructure, service and level of security. In this video interview, published last month, EthosData's CEO and Head of Technology explain the need for an IT environment that could scale up quickly to accommodate rising global demand for its services and how sungard gave the peace of mind by providing the highest level of security and resilience. You can view the Case Study and the Video interview on the link below:
Last month, we were pleased to be named as the Virtual Data Room Provider of the year- Europe 2015 by Business World Magazine. Corporate Live Wire has also recognized & awarded us "European Virtual Data Room Provider of the year 2015" and "Most Outstanding Virtual Data Room Provider 2015 - Asia"
