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ZyLAB AI technology to enhance business deals in Imprima’s virtual data rooms
Global News

ZyLAB logoArtificial intelligence is paving the way for quicker, more organised M&A deals, as the partnership between industry-leading virtual data room provider Imprima and AI experts ZyLAB demonstrates.

With access to the latest technology through the ZyLAB ONE AI platform, a leader in Gartner’s Magic Quadrant for eDiscovery, it will be easier than ever for customers to build a VDR for M&A or real estate transactions, for a capital raising process, a private equity portfolio, or even to prepare for an IPO. 

The partnership represents a unique combination of expertise in the virtual data room field –  ZyLAB’s 30-year background in eDiscovery has now been brought to bear on due diligence for M&A and real estate through Imprima’s market-leading VDR software.

The AI platform allows users to automatically collect, shift and filter agreements from non-agreements, analysing and classifying individual documents to provide immediate insight into contractual obligations, risks and opportunities. By analysing the content of documents before these are uploaded into the VDR, deal risks can be identified and resolved before, as well as during, due diligence.

Documents can be quickly organised in the structure required for the deal process, with commercially sensitive and privacy related information automatically redacted or anonymised as necessary. 

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“Whether you are preparing a VDR for merger and acquisition due diligence or conducting any other kind of complex corporate transaction, you want to make sure that the process is fast, secure, cost-effective and stress-free,” says Johannes Scholtes, Chief Strategy Officer at ZyLAB.

“By complementing Imprima’s highly secure VDR and dedicated services with ZyLAB’s AI technology, Imprima’s customers can prepare faster, better and more cost effectively than with any other solution on the market.

“Just as Imprima’s VDR technology, ZyLAB’s AI technology is second to none. We are making use of ZyLAB’s head start in AI, gained though their extensive experience in eDiscovery, to provide tools to the M&A and RE community that have been proven to really be effective,” says Pieter van der Made, Chairman of Imprima. 

 

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