Intralinks Global Survey: 90% Of Virtual Data Room Users Believe That The Quality Of The Solution Is

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14th May 2010, 06:37am - Views: 976






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MEDIA RELEASE PR39539


IntraLinks Global Survey: 90% of Virtual Data Room Users Believe That the Quality of

the Solution is Vital to the Success of an M&A Deal and to Their Work


NEW YORK, May 14 /PRNewswire-AsiaNet/ --


    IntraLinks, a leading provider of critical information exchange

solutions, today announced the results of a global survey that was conducted

in March 2010 with more than 200 M&A professionals who have used Virtual Data

Room (VDR) solutions for deals. The survey findings show the importance of

VDRs during the M&A process, as well as IntraLinks' superior reputation

within the M&A industry.


    Significant findings from the survey around the importance of VDRs and

how they're utilized include:

    

    - 90 percent of users believe that the overall quality of a VDR solution

      is important to help an M&A deal run smoothly and also impacts a 

      company's ability to do its best work


    - 70 percent of users agree with the statement that the "quality of the

      VDR solution reflects on my firm"


    - 75 percent of respondents use VDRs for due diligence on the buy-side

      during M&A deals, 61 percent use VDRs for due diligence on the 

      sell-side, and 31 percent use VDRs for sell-side pre-deal marketing


    The survey also found that three out of four M&A professionals would

recommend IntraLinks the next time they require a VDR, compared to less than

50 percent who would recommend a competitor. Respondents noted that

IntraLinks accelerates M&A deals because it provides access to the largest

community of buyers worldwide, streamlines communications through an enhanced

Q&A functionality that reduces the time spent between buyers and sellers, and

offers a quicker setup than competitors through powerful tools such as

IntraLinks Designer.


    "The findings from our survey show how important an effective and

efficient VDR is for M&A professionals as they navigate their way through the

complexities of a deal," said Matt Porzio, VP, product marketing, IntraLinks.

"IntraLinks' cloud-based solutions for the M&A process are used by the top 50

financial services companies and top 25 law firms in the world, which is a

clear illustration that we're providing VDRs that meet the needs of the key

players. We offer a secure platform that accelerates M&A deals from the

beginning to the end of the process, whether it's deal preparation and setup,

enabling multiple interested buyers to conduct due diligence simultaneously,

or by easing the post-integration process by having electronic copies of all

key company information organized and accessible in one place."


    The survey was conducted online by KS&R Research. Fifty six percent of

respondents are currently using a VDR, with the remainder using a VDR in the

past 12 months. All respondents had used IntraLinks(R) VDRs and at least one

other provider of VDR solutions for M&A deals.


    About IntraLinks


Business Company IntraLinks 3 image

    IntraLinks is a leading global provider of Software-as-a-Service

solutions for securely managing content, exchanging critical business

information and collaborating within and among organizations. More than

1,000,000 professionals in industries including financial services,

pharmaceutical, biotechnology, consumer, energy, industrial, legal,

insurance, real estate and technology, as well as government agencies, have

utilized IntraLinks' easy-to-use, cloud-based solutions. IntraLinks users can

accelerate information-intensive business processes and workflows, meet

regulatory and risk management requirements and collaborate with customers,

partners and counterparties in a secure, auditable and compliant manner.

IntraLinks counts 800 of the Fortune 1000 as users. For more information,


follow IntraLinks on Twitter at http://twitter.com/intralinks and Facebook at


    

    For more information:

    Contact: Radley Moss

    Phone Number: +1-212-543-7717

    Email Address: rmoss@intralinks.com


    SOURCE: IntraLinks


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