Merrill DataSite® Virtual Data Room Reaches Milestone 300-Million-Page Mark
Award-winning VDR solution uploads record-breaking document for due diligence transaction.
Online, August 15, 2010 (Newswire.com) - St. Paul, Minn. - Merrill Corporation, (www.merrillcorp.com) a leading provider of technology-enabled services, today announced that Merrill DataSite® reached a significant landmark by uploading and processing the 300-millionth-page in its virtual data room (VDR).
To date, Merrill DataSite has helped more than 2 million unique visitors conduct financial due diligence, and has facilitated thousands of transactions worth trillions of dollars in asset value.
Merrill DataSite's Virtual Data Room (VDR), is a complete, secure VDR solution that optimizes the due diligence process. It offers a highly efficient method of sharing critical business information for electronic due diligence via a secure online data room, accessible by way of the Internet.
"We're exceptionally pleased to reach this landmark," said Ed Bifulk, president of Merrill DataSite. "We know that our customers recognize that using Merrill DataSite helps them increase the speed of their deal, while attracting more and better potential partners and improving their overall due diligence experience. Reaching the 300-million-page mark is graphic evidence that more and more dealmakers now recognize the profound value we add to any deal."
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About Merrill DataSite
Merrill DataSite (www.datasite.com) Virtual Data Room (VDR) is an online data room that optimizes the due diligence process by transforming the traditional paper deal room into a secure online data room, accessible via the Internet. Merrill DataSite offers a secure and highly efficient method of sharing critical business information for electronic due diligence in M&A advisory, banking M&A, transfer of small business ownership when selling a company, document warehousing, succession in family business or when buying a business, IPO and secondary offerings, asset purchases, venture capital due diligence, bio tech licensing, commercial and corporate real estate ventures, bankruptcies, corporate debt restructuring, preparing for exit strategies, and many other transactions that require extensive document sharing.
Merrill Corporation has been a trusted provider of Virtual Data Room services to Fortune 500 companies in the financial and legal industries for over 40 years. Since 2002, Merrill DataSite has empowered nearly 2 million unique visitors to perform electronic due diligence on thousands of transactions totaling trillions of dollars in asset value.
About Merrill Corporation
Founded in 1968 and headquartered in St. Paul, Minn., Merrill Corporation www.merrillcorp.com is a leading provider of outsourced solutions for complex business communication and information management. Merrill's services include document and data management, litigation support, language translation services, fulfillment, imaging and printing. Merrill serves the corporate, legal, financial services, insurance and real estate markets. With more than 5,000 people in over 70 domestic and 15 international locations, Merrill empowers the communications of the world's leading organizations.
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