Intralinks Holdings, a provider of secure enterprise content collaboration solutions, has partnered with Kira Inc, provider of the Kira Diligence Engine.
By leveraging the two platforms, the M&A due diligence process is dramatically streamlined through the partial automation of document review and abstraction. As a result, dealmaking is easier and more productive.
“We’re excited about this new relationship with Kira,” says Matt Porzio, vice president of strategy and product marketing at Intralinks. “Together, Intralinks Dealspace and Kira Diligence Engine help ensure high-stakes transactions are brought to a fast close. The partnership will save our customers time and expense and help prevent costly human error during due diligence.”
Kira Diligence Engine uses machine learning to automate the extraction and analysis of key provisions across contracts that are reviewed during due diligence. Trusted on over $70 billion in transactions worldwide to date, Kira Diligence Engine enables faster and more accurate contract review, which expedites deal evaluation, negotiation, and closing.
“We are delighted with the Kira Diligence Engine software, which assists us in providing great value for our clients by streamlining the diligence process, while maintaining the high quality they expect of us,” says Elizabeth Ellis, director of knowledge management of top-ranked international law firm Torys LLP.
“Intralinks is universally known and respected among corporate lawyers and other dealmaking professionals,” says Kira CEO Noah Waisberg. “We could not be happier with them as a partner.”
