Autonomy Buys Iron Mountain’s Digital Archiving, Online Backup Business For $380M
May 16, 2011 at 06:12 AM EDT
Cambridge, UK-based infrastructure software company Autonomy this morning announced that it is acquiring a number of assets of Iron Mountain 's digital division - including the latter's archiving , e-discovery and online backup business units - for $380 million in cash . Dr. Mike Lynch, CEO of Autonomy, said in a statement that they've been wanting to close such a deal for a while now.