Akaibu and Haystac Partner to Leverage Legacy Archive Assets
“Due Diligence Readiness” Increases Valuation Potential for Acquisitions
Fort Worth, Texas (PRWEB) December 18, 2012
Akaibu, Inc., a leading vendor in Archive Migration solutions and Haystac LLC, an expert in Governance, Risk Management and Compliance (GRC) have partnered to deliver a unique response to the lack of organizational leverage of valuable archived email content.
A vast amount of corporate intelligence is hidden within archives. Making the appropriate associations between individual emails and attached content can be critical to transitional corporate decisions such as acquisitions. Making the connections between various contacts, documents, forms, and other electronic communication provides logic to a wide variety of business dealings, especially mergers and acquisitions.
"Mergers and acquisitions create a unique IT and business challenge when one considers the number of companies, small to large, using archiving technology." said Mary Kay Roberto, CEO of Akaibu. "Not only do these companies potentially need to integrate disparate archiving technologies when involved in M&A activities but in many cases, content such as agreements and contracts should be managed for efficiency, risk and discovery purposes. The intelligent migration and filtering provided by Akaibu and Haystac enables organizations to successfully address many of these issues."
Based on the experience of Richard E.Davis, an expert in eDiscovery and the CEO of DiscoveryLogix LLC, “Regulated entities with vast amounts of superfluous and insufficiently categorized data can now avail themselves of a highly scalable, cost effective and defensible solution set that can reduce risk and protect valuable IP in the ordinary course of business. The data governance benefits of this partnership provide organizations struggling with vast data silos the ability to operationalize data classification in ways that result in clear and quantifiable benefits for corporate stakeholders across the board.”
According to Brent Stanley, COO for Haystac LLC, “Today’s buyers are going deeper to validate the value and risk associated with an acquisition. If a company is the target of a purchase, organizing and cleaning up corporate data can provide higher clarity on the value of the business while simultaneously reducing the time and cost to support the pre- and post-acquisition due diligence. Additionally Mr. Stanley commented on the partnership with Akaibu, "The marriage of Akaibu capabilities for email archive migration management and Haystac’s predictive analytics provides customers with a robust, governance-compliant process for data migration and best-in-class end to end services."
Locating and classifying information assets such as contracts and agreements is high on the importance scale as are, for example, high value data such as land records in the oil and gas market, and product development data in the life sciences market. Minimizing the unknown associated with dormant or non-integrated data reduces buyer fear on the front end of the transaction and also lessens the probability of post-acquisition issues, such as litigation events.
Until now, companies were unable to seamlessly process the mountains of legacy data to create official, holistic systems of record. Now, using a combination of predictive analytics and chain of custody tracking, large volumes of legacy email can be intelligently and accurately processed and classified to make the acquisition target “Due Diligence Ready”.
About Akaibu Inc.
Akaibu, pronounced "a-ka-ee-boo", is the literal Japanese pronunciation of the English word, 'archive'. Akaibu is a software company that designs, develops, markets, sells and supports archive migration management software that safely and securely, simplifies and accelerates, the critical process of moving data from old archives into contempory solutions. Founded by veterans of the email archiving industry, Akaibu has a singular focus on the archive – and in particular, email archives – and the complex and challenging job of moving critical data from one platform to another. Please visit us at http://www.akaibu.com.
Haystac LLC is a software company specializing in solutions which leverage predictive analytics to create structure out of unstructured data for use cases including information governance, due diligence readiness, and fraud detection. Headquartered in Boston, MA, products include Haystac RetenGine, that processes data held in the enterprise environment, and Haystac Web, that processes data on the web. Both products leverage intellectual property , the use of machine learning and other predictive analytics and data extraction tools to improve the understanding and management of data. Visit us at http://www.haystac.com
DiscoveryLogix, LLC specializes in helping Fortune 1000 corporations develop and implement litigation readiness, M&A, due diligence and records management strategies. The company was founded by former BP Discovery Counsel Rob Miller and the former head of Cravath, Swaine and Moore – Technical Litigation Support Department, Richard E. Davis. DiscoveryLogix experts provide on demand data governance and risk and cost containment expertise around a host of data management initiatives. The practice has a high degree of competence in regulatory frameworks and litigation risk profiles for corporate entities in sectors including, but not limited to, financial services, energy, pharmaceutical and biotech. For an industry sector profile report and more information on how our litigation and due diligence readiness practice and offerings can instantly reduce legal and IT spend and risk, please email firstname.lastname@example.org and visit us at http://www.discoverylogix.com
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