AccessData Corporation and CT Summation Announce Merger
AccessData Group, LLC to Offer Broadest eDiscovery Solutions in the Market
LINDON, Utah and NEW YORK, June 9 /PRNewswire/ -- AccessData Corporation and CT Summation today announce they've signed an agreement to join forces and merge into a single company, AccessData Group, LLC. The new company will deliver an end-to-end eDiscovery software solution capable of addressing all phases of the litigation workflow.
As the leader in in-house eDiscovery collection, processing and analysis, AccessData brings to the merger an unsurpassed technology portfolio, designed to enable the world's largest companies to take control of eDiscovery and dramatically reduce costs. Its AccessData eDiscovery software is currently the most comprehensive eDiscovery solution on the market, enabling organizations to address litigation hold, automated collection, processing, and analysis prior to attorney review.
CT Summation, the premier provider of litigation workflow and eDiscovery solutions to law firms and corporate legal departments, brings to the deal a comprehensive suite of software products that are the gold standard throughout the legal community. CT Summation's iBlaze, Enterprise, WebBlaze, CaseVault, CaseVantage and Discovery Cracker products have received more than 45 legal industry technology and "Reader's Choice" awards since 1997. CT Summation is part of Wolters Kluwer Corporate Legal Services, which operates under the CT brand. Wolters Kluwer will remain as a strategic investor in the new AccessData Group, LLC, with a minority stake in the company.
By combining these complementary workflow solutions, AccessData will be able to deliver the first, true end-to-end eDiscovery software solution for corporations and law firms that supports the litigation process from litigation hold through trial.
"This is honestly the most exciting thing we have ever done here at AccessData, and I believe it will outright revolutionize the eDiscovery industry by streamlining customer's workflows and introducing substantial cost and time savings, reducing the expense of litigation," said Tim Leehealey CEO of AccessData. "Bringing together the legal and IT communities engaged in the eDiscovery process has long been a focus at AccessData, and this merger brings us dramatically closer to achieving that."
The reach of the new AccessData Group will be unparalleled, encompassing the broadest set of solutions in the eDiscovery marketplace and will enable faster, more cost effective methods of gathering and reviewing electronically stored information. The new capabilities and seamless end-to-end workflow delivered by AccessData Group stands to not only dramatically enhance the user experience, but also to facilitate faster, more productive and more accurate communication between IT departments, corporate legal departments and law firms.
"The combination of these two market leaders will create a powerful end-to-end eDiscovery solution for litigation professionals," said Richard Flynn, CEO of Wolters Kluwer Corporate Legal Services. "CT Summation has a long history of innovation and market leadership. We see this merger with AccessData as a unique opportunity to better serve our corporate and law firm customers with a robust product offering that will support them throughout the litigation cycle."
CT Summation's customers will benefit from the combination of the two companies in the near term, as they will soon have access to the integrated processing, powerful analysis tools, and early case assessment capabilities inherent in AccessData eDiscovery.
About AccessData
AccessData has pioneered digital investigations for more than twenty years, providing the technology and training that empower law enforcement, government agencies and corporations to perform thorough computer investigations of any kind with speed and efficiency. Recognized throughout the world as an industry leader, AccessData delivers state-of-the-art computer forensic, network forensic, password cracking and decryption solutions. Its Forensic Toolkit® and network-enabled enterprise solutions allow organizations to preview, search for, forensically preserve, process and analyze electronic evidence. AccessData's solutions address criminal and internal investigations, incident response, eDiscovery and information assurance. In addition, AccessData is a leading provider of digital forensics training and certification with its much sought after AccessData Certified Examiner® (ACE®) program. For more information on AccessData visit www.eDiscoveryWithAccessData.com
About CT Summation
CT Summation is the premier provider of litigation support and eDiscovery solutions that help legal professionals succeed from discovery to case review and analysis through production. From desktop and server applications to hosted solutions, CT Summation combines a set of award-winning technology solutions (iBlaze, WebBlaze, Enterprise, CaseVault, Discovery Cracker and CaseVantage) with market-leading expertise that provide the decisive advantage for law firms and legal departments, large or small. For more information, please visit www.ctsummation.com.
CT Summation is part of Wolters Kluwer Corporate Legal Services, a business of Wolters Kluwer—a market-leading global information services company with annual revenues (2009) of euro 3.4 billion ($4.8 billion) and approximately 19,300 people worldwide. Visit www.wolterskluwer.com.
SOURCE CT Summation; AccessData Corporation
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