Virtual Data Rooms

Second-party data is an important part of business today. Knowing exactly what second-party data is, how it’s used, and most importantly, how it’s protected is key.

What is first-party data? First-party data (often referred to as “1p data”) is the information that a company collects from its consumers. It is owned by the company that collected it, and it contains important information about its customers. This information (typically referred to as “data”), which is compiled through sophisticated software, can be used … Read more

Earlier this year, FIerceBiotech pointed out that biopharma had $1.7 trillion to spend on merger and acquisition (M&A) deals in 2022. Large pharma companies like Novartis, Pfizer and Merck & Co. have made it clear that they’re on the hunt for acquisitions, noted FierceBiotech. These stockpiles of cash are due to many large pharma players … Read more

Every year, more than 400 billion PDFs are opened in Adobe software alone. Since its inception way back in 1993, the portable document format has endured, largely thanks to its compact file size, cross-platform compatibility, versatility and graphical integrity. Not the least of its enduring features, though, is the ability to be signed and dated, … Read more

Learn how virtual data rooms came into practice and how they displaced physical rooms for sharing sensitive information for critical business deals and transactions.

The oil and gas sector is huge, the largest industry in the world, as far as dollar value goes, and many nations’ GDPs are significantly impacted by oil and gas. Deal values in the sector, along with the number of deals themselves, increased greatly in 2021, up from 40 in 2020 to 74 in 2021. … Read more

It’s been said that nothing is certain except death and taxes, and the Internal Revenue Service (IRS) is said to be unforgiving, so keep your records. The IRS is a tough foe to battle, so once you’ve filed your taxes, you better make sure you have all your accounting straight in the (highly unlikely) event … Read more

In an effort to keep business practices legally compliant, companies need to share documents that ensure they are adhering to a wide array of standards. Conducting due diligence, leaving behind a full audit trail, and compiling a list of people with access to sensitive documents are all crucial aspects to cleanly running a business. Businesses … Read more

The healthcare and life sciences industries need tools that ensure transaction success. More even than in other sectors, the speed and efficiency at which the due diligence process is carried out is critical in healthcare and life sciences, as any delays or disruptions could mean the prevention of the delivery of important therapies and treatments.  … Read more