Intralinks®, a Synchronoss Business, the world’s leading Virtual Data Room (VDR) provider, today announced the latest version of its VDR to help give time and control back to dealmakers.
Deal rooms form an essential part of the M&A process, but are often deemed a clunky and tiresome part of due diligence. With its latest release, Intralinks is looking to change that perception, making the process as quick and easy as possible to ensure that information can be processed efficiently, dealmakers can focus time on strategic tasks, and a deal can be closed as quickly as possible.
The new Intralinks® VDR is its fastest platform to date. It is 50% faster* across the board and now means a data room can be set up in hours, not days. Its integration with artificial intelligence technology (AI) expedites the due diligence process and reduces deal completion times through the automation of deal room set-up, contract analysis and organisation.
Additional key features include:
“Time is the most valuable commodity for our customers, and nobody likes to stay in a data room any longer than they have to,” said Leif O’Leary, Executive Vice President, Enterprise at Intralinks. “This latest version of the Intralinks VDR gives dealmakers that time back. And the introduction of artificial intelligence to a platform that is already quicker and more intuitive than its market-leading predecessors changes the game completely.”
“We completed due diligence, selected a top-tier equity partner and secured funding in 12 weeks – two months ahead of schedule. There is no doubt Intralinks helped accelerate the process”, said Tom Spielberger, CFO at ‘I and Love and You’ (ILY), a premium pet food manufacturer from Boulder, Colorado, who used Intralinks to secure funding to grow their sales to $100 million.
For more than 20 years, Intralinks has been serving the M&A community to simplify and accelerate the deal process, with over US$34 trillion in transactions. With the industry’s leading virtual data room, Intralinks gives deal professionals the tools they need to help them manage the full M&A lifecycle – to get more deals done, faster.
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