eDiscovery Daily Blog
What Do Daegis, Credence Corporation and Elysium Digital All Have in Common?: eDiscovery Trends
All three of these eDiscovery providers have been acquired within the last 2 1/2 months. Evolve Discovery? Ditto. Believe it or not, there have been a whopping 35 mergers, acquisitions and investments in the eDiscovery industry so far this year! That’s busy!
How do I know that? Rob Robinson to the rescue! When it comes to compilations of information about eDiscovery, no one does it better than Rob. His Complex Discovery site keeps a running list of mergers, acquisitions and investments in the eDiscovery industry and goes all the way back to 2001, when LexisNexis acquired CourtLink – that was even before Kroll merged with Ontrack! He calls it a “non-comprehensive overview”, but there are 242 transactions, so it’s got a lot of useful information.
Rob’s list not only keeps you abreast of changes in the industry, it’s a great “way back” machine for those who have been in the industry for a number of years and remember some of the providers who were acquired and no longer exist as their old names. In a few weeks, he will have to change the title of the page as it will be a full 14 years of eDiscovery merger, acquisition and investment that he is providing on his site.
We’ve covered his merger and acquisition list at least a couple of times before – here and here. It’s a useful resource to check periodically to get a sense of where the industry is heading. And, if you want to know who is investing in eDiscovery companies, Rob has that list too. :o)
Speaking of “Ditto”, they’ve been acquired too, by Advanced Discovery. So, even Ditto has been ditto’d!
So, what do you think? Are you surprised by the number of eDiscovery transactions this year? Please share any comments you might have or if you’d like to know more about a particular topic.
Disclaimer: The views represented herein are exclusively the views of the author, and do not necessarily represent the views held by CloudNine. eDiscovery Daily is made available by CloudNine solely for educational purposes to provide general information about general eDiscovery principles and not to provide specific legal advice applicable to any particular circumstance. eDiscovery Daily should not be used as a substitute for competent legal advice from a lawyer you have retained and who has agreed to represent you.