Big Bucks in E-Discovery Market

According to this article, Autonomy recently won a $70 million deal for the Desktop Legal Hold product (formerly Zantaz). The author speculates that this was a Citigroup deal, and that the driver behind the deal was a lawsuit stemming from the subprime mortgage crisis in the United States.

This is yet another data point to show that there are big bucks in the e-discovery market. No wonder everyone and their dog is claiming to be an e-discovery vendor these days.

... David Sengupta

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