IntraLinks
Intralinks Holdings, Inc., founded in 1996, is a global technology provider of inter-enterprise content management and collaboration solutions. Its products serve the enterprise collaboration and strategic transaction markets, enabling the exchange, control, and management of information between organizations.[3]
Subsidiary of SS&C Technologies | |
Industry | Financial Technology, Virtual Data Room |
Founded | 1996New York City | in
Headquarters | |
Key people | Ken Bisconti and Bob Petrocchi, CEO[1] |
Products | Intralinks, Intralinks Dealnexus, Intralinks VIA |
Number of employees | 1000 (2016) |
Parent | SS&C Technologies[2] |
Website | intralinks |
History
In 1996, John Muldoon and Mark Adams founded Intralinks. Major banks began using its product for loan syndication in 1997. In 2002, the firm created the world’s first virtual data room (VDR), enabling businesses to share information during the due diligence process in a secure space. In 2004, companies completed over $5 trillion in syndicated loan transactions with its products. Intralinks was acquired by TA Associates in 2007, and became a publicly traded company on the New York Stock Exchange in 2010. In 2011, Ron Hovsepian, previously CEO of Novell, Inc. joined Intralinks as Chief Executive Officer, President and Director.[4] Under his leadership, Intralinks developed Intralinks VIA and Intralinks DealNexus.[5]
Intralinks claims that more than 2.7 million professionals at 988 of the Fortune 1000 companies use its products.[6]
Initial Public Offering
The company's initial public offering of stock on the NYSE occurred on August 6, 2010. Its initial price range was $14–$16, and the stock priced at $13. The company sold 11,000,000 shares and raised $143M.[7]The lead underwriter were Deutsche Bank AG and Credit Suisse Group. The firm had approximately $152M in debt at the time of the IPO and expected to use the vast majority of the returns from the offering to repay its obligations.
The company has 1,000 employees worldwide and its global headquarters are in New York City. In 2013 Intralinks launched morethanavdr.com, a website that specifically targets investment bank strategic advisors, legal advisors and corporate advisors.
Recent Developments
docTrackr
On April 23, 2014, Intralinks acquired docTrackr,[8] a document security company. docTrackr’s information rights management (IRM) technology enables users to protect and track PDF, Word, Excel and PowerPoint documents wherever those files are stored or shared. docTrackr combines analytics, audit trails and policy management of all document activities in a plug-in free deployment.
Intralinks VIA
Released in April 2013, Intralinks VIA enables users to share information outside of the network firewall.[9] VIA encrypts every file shared within the platform and allows users to designate permissions. With the proper permission, users can download documents and collaborate freely together. VIA also includes an UNshare® feature allowing admins to withdraw information at any time, with an encryption that corrupts the files (and any copies) sent or saved.[10] In January 2014, Intralinks announced a new version[11] of its Intralinks VIA product, Intralinks VIA Enterprise, which supports complete content lifecycle management for the extended enterprise. It also has Intralinks Dealspace.[12]
Dealnexus
In 2013, Intralinks acquired PE-Nexus and MergerID. Each of these offered clients a platform to find partners for mergers and acquisitions. Intralinks merged the two firms and renamed the newly created platform DealNexus, the largest global deal sourcing network.[13] DealNexus’ client portfolio offers businesses a network to find partners. Once engaging in a deal, the Intralinks VDR allows parties to conduct due diligence.
Synchronoss
In 2016, Synchronoss Technologies agreed to acquire Intralinks Holdings, Inc. for $13.00 per share, or $821 million in equity value. [14] Intralinks was subsequently sold by Synchronoss to affiliates of Siris Capital Group in 2017.[15] In November 2018, SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) purchased Intralinks for $1 billion in cash and $500 million in SSNC shares.[16][17][18]
Headquarters
Intralinks maintains its corporate headquarters on the east side of Manhattan in New York City. Other offices include: Boston, Chicago, San Francisco, São Paulo, London, Bucharest, Milan, Frankfurt, Hong Kong and Sydney.[19][20]
References
- "Company Overview of Intralinks Holdings, Inc". Bloomberg.com. Bloomberg L.P. Retrieved 15 August 2018.
- Visconti, Ambrogio (28 September 2018). "SS&C Technologies Holdings' $1.5 billion acquisition of Intralinks Holdings, Inc". Global Legal Chronicle. Global Legal Chronicle. Retrieved 28 September 2018.
- New York Times, Business Day http://topics.nytimes.com/top/news/business/companies/intralinks-holdings-inc/
- "Ronald W. Hovsepian: Executive Profile & Biography". Bloomberg.com. Bloomberg LP. Retrieved 28 September 2018.
- Kepes, Ben. "IntraLinks Steps Up To The Plate - Because The World Needs Another File Sharing Offering, Right?". Forbes.com. Forbes. Retrieved 10 January 2014.
- Kepes, Ben. "IntraLinks Steps Up To The Plate - Because The World Needs Another File Sharing Offering, Right?". Forbes.com. Forbes. Retrieved 10 January 2014.
- "INTRALINKS HOLDINGS, INC. (IL) IPO". Nasdaq.com. Nasdaq. Retrieved 28 September 2018.
- Wall St. Journal - Intralinks Beats Out Box to Acquire docTrackr https://blogs.wsj.com/digits/2014/04/24/intralinks-beats-out-box-to-acquire-doctrackr/
- Stirling, James (1 March 2013). "Dropbox rival Intralinks launches enterprise collaboration platform". CloudPro. Dennis Publishing Editorial Offices. Retrieved 28 September 2018.
- Business2Community - Intralinks VIA Review http://www.business2community.com/mobile-apps/intralinks-via-review-share-large-files-securely-0619240
- "Intralinks Steps Up To The Plate - Because The World Needs Another File Sharing Offering, Right?". Forbes. 10 January 2014.
- "Does SharePoint measure up for Enterprise Content Management?". IDM magazine. Transmit Media. June 20, 2013. Retrieved 28 September 2018.
- CrunchBase - Intralinks DealNexus http://www.crunchbase.com/company/intralinks-dealnexus
- Linnane, Ciara (6 December 2016). "Synchronoss Tech to acquire Intralinks in $821 million deal". MarketWatch. MarketWatch, Inc. Retrieved 28 September 2018.
- "Synchronoss Technologies Announces Successful Conclusion of Strategic Alternatives Process to Maximize Value for Shareholders". Business Wire. Business Wire, Inc. 17 October 2017. Retrieved 28 September 2018.
- "The weekly wrap: Boston Scientific, SS&C Technologies, Thoma Bravo". SourceMedia. SourceMedia. 7 September 2018. Retrieved 28 September 2018.
- Visconti, Ambrogio (28 September 2018). "SS&C Technologies Holdings' $1.5 billion acquisition of Intralinks Holdings, Inc". Global Legal Chronicle. Global Legal Chronicle. Retrieved 28 September 2018.
- Dorbian, Iris (19 November 2018). "Siris sells Intralinks to SS&C for $1.5 bln". The PE Hub Network. Retrieved 2 December 2018.
- "Intralinks SEC Form S-1". SEC.gov. United States Securities and Exchange Commission. Retrieved 28 September 2018.
- Intralinks Locations http://www.intralinks.com/contact/locations
External links
- Official website
- http://www.boston.com/business/technology/articles/2006/01/23/the_data_room
- http://www.manda-institute.org/docs/kummer-sliskovic_do%20virtual%20data%20rooms%20add%20value%20to%20the%20mergers%20and%20acquisitions%20process.pdf
- http://www.cfonet.com/article.cfm/6847731?f=search
- Intralinks S-1 SEC Filing