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By Larry Dignan
news.zdnet.com
February 22, 2010
Iron Mountain said Monday that it is picking up Mimosa Systems in a deal worth $112 million.
Mimosa specializes in enterprise content archiving systems. Iron Mountain focuses on data archiving, e-discovery and information management.
According to the companies, the plan is to use Mimosa’s NearPoint software, which operates inside the corporate firewall to archive SharePoint data and files, to create a suite of information management services.
Iron Mountain is building a on-site and cloud-based portfolio to manage information to the point where it is destroyed.
Mimosa Systems CEO T.M. Ravi will become chief marketing officer for Iron Mountain Digital.
http://blogs.zdnet.com/BTL/?p=31070
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