IntraLinks

Last updated
Intralinks
Company type Subsidiary of SS&C Technologies
Industry Financial Technology, Virtual Data Room
Founded1996 (1996) in New York City
Key people
Ken Bisconti and Bob Petrocchi, CEO [1]
ProductsIntralinks, Intralinks Dealnexus, Intralinks VIA
Number of employees
1000 (2016)
Parent SS&C Technologies [2]
Website intralinks.com

Intralinks Holdings, Inc., founded in 1996, is a global technology provider of inter-enterprise content management and collaboration solutions.[ buzzword ] Its products serve the enterprise collaboration and strategic transaction markets, enabling the exchange, control, and management of information between organizations. [3]

Contents

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), which enabled transacting parties to share information during the due diligence process in a secure environment.

In 2004, its customers completed over $5 trillion in syndicated loan transactions using Intralink products. The company was acquired by TA Associates in 2007, before becoming a publicly traded company on the New York Stock Exchange in 2010.

The company's initial public offering took place 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. [4] The lead underwriters were Deutsche Bank AG and Credit Suisse Group. The company 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.

In 2011, Ron Hovsepian, previously CEO of Novell, Inc. joined Intralinks as CEO, President and Director. [5] Under his leadership, the company developed Intralinks VIA and Intralinks DealNexus. [6]

In 2013 the company launched morethanavdr.com, a website that specifically targets investment bank strategic advisors, legal advisors and corporate advisors.

According to the company, more than 2.7 million professionals at 988 of the Fortune 1000 companies use its products. [7]

The company has 1,000 employees worldwide and has its global headquarters are in New York City.

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.

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.[ citation needed ] 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. [13] Intralinks was subsequently sold by Synchronoss to affiliates of Siris Capital Group in 2017. [14] In November 2018, SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) purchased Intralinks for $1 billion in cash and $500 million in SSNC shares. [15] [16] [17]

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. [18] [19]

Related Research Articles

<span class="mw-page-title-main">McAfee</span> American global computer security software company

McAfee Corp., formerly known as McAfee Associates, Inc. from 1987 to 1997 and 2004 to 2014, Network Associates Inc. from 1997 to 2004, and Intel Security Group from 2014 to 2017, is an American global computer security software company headquartered in San Jose, California.

<span class="mw-page-title-main">Nasdaq, Inc.</span> American multinational financial services corporation

Nasdaq, Inc. is an American multinational financial services corporation that owns and operates three stock exchanges in the United States: the namesake Nasdaq stock exchange, the Philadelphia Stock Exchange, and the Boston Stock Exchange, and seven European stock exchanges: Nasdaq Copenhagen, Nasdaq Helsinki, Nasdaq Iceland, Nasdaq Riga, Nasdaq Stockholm, Nasdaq Tallinn, and Nasdaq Vilnius. It is headquartered in New York City, and its president and chief executive officer is Adena Friedman.

<span class="mw-page-title-main">Check Point</span> Israeli security company

Check Point Software Technologies Ltd. is an American-Israeli multinational provider of software and combined hardware and software products for IT security, including network security, endpoint security, cloud security, mobile security, data security and security management.

<span class="mw-page-title-main">Dayforce</span> American technology company

Dayforce, Inc., formerly Ceridian, is a provider of human resources software and services with employees across its global footprint in the United States, Canada, Europe, Middle East, Africa (EMEA), and the Asia Pacific Japan (APJ) region. It is a publicly traded company on the New York Stock Exchange and Toronto Stock Exchange.

Tungsten Automation, formerly Kofax Inc., is an Irvine, California-based intelligent automation software provider. Founded in 1985, the company's software allows businesses to automate and improve business workflows by simplifying the handling of data and documents.

<span class="mw-page-title-main">Hummingbird Ltd.</span> Computer software company

Hummingbird Ltd. is a subsidiary of OpenText and is a provider of enterprise software products including Exceed. Initially founded as a consulting business in 1984, Hummingbird moved into the connectivity market. Its enterprise content management (ECM) software focuses on the management of the life cycle of enterprise content.

<span class="mw-page-title-main">Broadcom</span> American semiconductor company

Broadcom Inc. is an American multinational designer, developer, manufacturer, and global supplier of a wide range of semiconductor and infrastructure software products. Broadcom's product offerings serve the data center, networking, software, broadband, wireless, storage, and industrial markets. As of 2023, some 79 percent of Broadcom's revenue was coming from its semiconductor-based products and 21 percent from its infrastructure software products and services.

<span class="mw-page-title-main">Ronald Hovsepian</span> American businessman

Ronald W. (Ron) Hovsepian is the chief executive officer of Indigo Agriculture. He was previously the president and chief executive officer of Novell, Inc., and the president, chief executive officer, and director of IntraLinks Inc.

Packeteer, Inc., founded in 1996 by Robert Packer, Brett Galloway and Bob Luxenberg was an I.T. company based in Cupertino, California that was listed on the NASDAQ. Networking appliances focus on Application Traffic Management and optimization for wide area networks. They held at least 40 patents for various network optimization methods. Packeteer was acquired by Blue Coat Systems in 2008.

<span class="mw-page-title-main">PCM, Inc.</span>

PCM, Inc. was a direct marketing company that offered technology products and services. The company was based in El Segundo, California. The company merged with Insight Enterprises on August 26, 2019. PCM was founded in 1987 as a direct market catalog via telemarketing, the Internet, direct marketing, print catalogs, and three retail showrooms.

<span class="mw-page-title-main">TTEC</span> American call center company

TTEC Holdings, Inc., is an American customer experience technology and services company headquartered in Greenwood Village, Colorado.

SurveyMonkey Inc. is an experience management company that offers cloud-based software in brand insights, market insights, product experience, employee experience, customer experience, online survey development, and a suite of paid back-end programs.

The Gores Group, LLC is a private equity firm specializing in acquiring and partnering with mature and growing businesses. The company was founded in 1987 by its CEO and chairman, Alec E. Gores.

Huron Consulting Group, commonly known as Huron, is a management consulting firm offering services to the healthcare, life sciences, commercial, and higher education industries.

Cvent Holding Corp. is a Tysons Corner, Virginia-based company that provides software-as-a-service (SaaS) solutions for meetings, events, and hospitality management. Their web-based platform caters to in-person, virtual, and hybrid events, offering functionalities like online registration, venue selection, event management tools, and attendee engagement features. Cvent also provides software for hotels and venues to manage group bookings, including corporate travel, and source new group business. Previously a public company, Cvent was acquired by investment firm Blackstone Inc. for $4.6 billion in June 2023.

One Horizon Group, Plc. is a technology company that licenses software.

Enzymotec was an Israeli speciality chemicals company. It was acquired by Frutarom in Jan 2018.

MobileIron Inc. was an American software company that provided unified endpoint and enterprise mobility management (EMM) for mobile devices, such as multi-factor authentication (MFA). The company announced in September 2020 it was being acquired by Ivanti.

<span class="mw-page-title-main">SS&C Technologies</span> American financial technology company

SS&C Technologies Holdings, Inc. is an American multinational holding company headquartered in Windsor, Connecticut, that sells software and software as a service to the financial services industry. The company has offices in the Americas, Europe, Asia, Africa and Australia.

Mastech Digital, Inc., simply referred to as Mastech Digital, is a digital transformation and information technology (IT) services company headquartered in Pittsburgh, Pennsylvania, providing services to corporations across North America, Middle East, Asian, and Japan.

References

  1. ↑ "Company Overview of Intralinks Holdings, Inc". Bloomberg.com. Bloomberg L.P. Retrieved 15 August 2018.
  2. ↑ 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.
  3. ↑ "Times Topics - The New York Times". archive.nytimes.com. Retrieved 2023-03-11.
  4. ↑ "INTRALINKS HOLDINGS, INC. (IL) IPO". Nasdaq.com. Nasdaq. Retrieved 28 September 2018.
  5. ↑ "Ronald W. Hovsepian: Executive Profile & Biography". Bloomberg.com. Bloomberg LP. Retrieved 28 September 2018.
  6. ↑ Kepes, Ben. "Intralinks Steps Up To The Plate - Because The World Needs Another File Sharing Offering, Right?". Forbes. Retrieved 10 January 2014.
  7. ↑ Kepes, Ben. "Intralinks Steps Up To The Plate - Because The World Needs Another File Sharing Offering, Right?". Forbes. Retrieved 10 January 2014.
  8. ↑ Ante, Spencer E. (24 April 2014). "Intralinks Beats Out Box to Acquire DocTrackr". Wall Street Journal. Retrieved 2023-03-11.
  9. ↑ Stirling, James (1 March 2013). "Dropbox rival Intralinks launches enterprise collaboration platform". CloudPro. Dennis Publishing Editorial Offices. Retrieved 28 September 2018.
  10. ↑ Business2Community - Intralinks VIA Review http://www.business2community.com/mobile-apps/intralinks-via-review-share-large-files-securely-0619240
  11. ↑ "Intralinks Steps Up To The Plate - Because The World Needs Another File Sharing Offering, Right?". Forbes. 10 January 2014.
  12. ↑ "Does SharePoint measure up for Enterprise Content Management?". IDM magazine. Transmit Media. June 20, 2013. Retrieved 28 September 2018.
  13. ↑ Linnane, Ciara (6 December 2016). "Synchronoss Tech to acquire Intralinks in $821 million deal". MarketWatch. MarketWatch, Inc. Retrieved 28 September 2018.
  14. ↑ "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.
  15. ↑ "The weekly wrap: Boston Scientific, SS&C Technologies, Thoma Bravo". SourceMedia. SourceMedia. 7 September 2018. Retrieved 28 September 2018.
  16. ↑ 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.
  17. ↑ Dorbian, Iris (19 November 2018). "Siris sells Intralinks to SS&C for $1.5 bln". The PE Hub Network. Retrieved 2 December 2018.
  18. ↑ "Intralinks SEC Form S-1". SEC.gov. United States Securities and Exchange Commission. Retrieved 28 September 2018.
  19. ↑ Intralinks (2023-03-06). "Intralinks Locations". intralinks. Retrieved 2023-03-11.
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.