Merger Technology Announces Best Virtual Data Rooms For 2017

Merger Technology offers independent insights, news and reviews on core technologies used by mergers and acquisitions professionals. The website has picked the top three virtual data rooms for 2017, along with detailed reviews.

Merger Technology and Jack Naroth are pleased to announce that they have selected their picks for the best virtual data locations for 2017. There are many VDR providers and similar cloud storage platforms on the market. There is a range of quality and features available among the picks. MT has provided a list of the main data room providers and an assessment of each one's usability, features, security, and versatility. In addition, the top three are picked for additional reviews and descriptions.

A virtual data room is a key component used by bankers, legal counsel, brokers and advisors to make good decisions about software and services to support their4 business. The technology related to cloud computing continues to evolve and bring new opportunities and risks. Merger Technology keeps clients up to date on trends and advances in VDRs, cloud storage, reporting and analytics. The reviews and rankings of the rooms helps to define established and emerging technologies to support deal making, due diligence, compliance, litigation and collaboration.

The top three VDRs providers for 2017 are Firmex, Merrill and Intralinks. There are many quality firms, but Firmex is selected for its combination of innovative features, reasonable pricing, versatility, and high quality customer service and support. The second place pick is Merrill, which is self-attributed as the global leader in virtual data space. The product has a higher price, but some consider it as outdated and more difficult to use.

In third place, according to the ranking article is Intralinks. It is the largest and most established of the offerings. It usually caters mostly to large enterprises and large deals. As with the Merrill product, IntraLinks is priced to appeal mostly to mid-market clients.

The website also offers a guide on features to consider when choosing a data room. Reviews on a number of other room providers are prepared to assist in the selection.

Contact Info:
Name: Jack Naroth
Email: Send Email
Organization: Merger Technology

Release ID: 201183