ZYLAB AI TECHNOLOGY TO ENHANCE BUSINESS DEALS IN IMPRIMA’S VIRTUAL DATA ROOMS
A new partnership between Imprima and ZyLAB will offer customers advanced artificial intelligence (AI) tools to accelerate preparation of all-important virtual data rooms (VDRs) for merger and acquisition (M&A) and real estate deals
Amsterdam, November 15 – Artificial 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.
“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.
Annelore van der Lint, Marketing Director
M +31 6 290 73 879
Remi Ramcharan, Group Marketing Director
M +31 6 4247 3545
ZyLAB ONE eDiscovery is an end-to-end, easy-to-use solution that uses Artificial Intelligence and Data Science tools to facilitate truth-finding missions through large or small electronic datasets related to the business-critical projects of governmental agencies, law firms, and companies of any size.
ZyLAB is recognized as “leader” in Gartner’s latest Magic Quadrant for eDiscovery Software. It is also ranked #1 for complete EDRM eDiscovery in the analysts’ most recent “Critical Capabilities for E-Discovery Software” report.
ZyLAB ONE eDiscovery is deployed in-house on-premises or in the Cloud (Azure, AWS, private cloud) and also available in a Software-as-a-Services model. For more information: www.zylab.com
Imprima is the leading data room provider, handling over $1 trillion-worth of transactions in over 160 countries. We have built up a highly impressive customer base of high-profile corporations, financial institutions and advisors. Our clients rely on us when the stakes are high because we have the most secure, reliable and easy-to-use data room in the industry.
As pioneers in the VDR field, our expertise is founded on 15-year experience and a 100-year history in the production, typesetting and distribution of highly confidential financial documents. The security of business-critical information is in our DNA, and today we apply this to our market-leading Imprima Virtual Data Rooms.