Intralinks has launched a new version of its Virtual Data Room (VDR) which the company says will help straemline the M&A process.
The new Intralinks VDR is its fastest platform to date. It is 50% faster across the board and now means a data room can be set up in hours, not days. Its integration with artificial intelligence technology (AI) expedites the due diligence process and reduces deal completion times through the automation of deal room set-up, contract analysis and organisation.
Additional key features include: a new User Interface (UI), giving users an enhanced look and feel to the deal room environment; enhanced native mobile experience to accommodate multi-device mobile users; an upgraded Q&A experience with enhanced show/hide, intuitive import/export process, and history-viewing capabilities; and dynamic plugin-free Information Rights Management (IRM) to instantly grant or revoke file access and manage documents that have been shared and downloaded outside of your network
“Time is the most valuable commodity for our customers, and nobody likes to stay in a data room any longer than they have to,” says Leif O’Leary, Executive Vice President, Enterprise at Intralinks. “This latest version of the Intralinks VDR gives dealmakers that time back. And the introduction of artificial intelligence to a platform that is already quicker and more intuitive than its market-leading predecessors changes the game completely.”
“We completed due diligence, selected a top-tier equity partner and secured funding in 12 weeks – two months ahead of schedule. There is no doubt Intralinks helped accelerate the process,” says Tom Spielberger, CFO at ‘I and Love and You’ (ILY), a premium pet food manufacturer from Boulder, Colorado, who used Intralinks to secure funding to grow their sales to USD100 million.
