Quantum Discovery (QDiscovery) Expands National Presence With Acquisition Of Preferred Imaging
NEW LONDON, Conn., Feb. 6, 2013 /PRNewswire/ -- Quantum Discovery LLC, a leading provider of electronic discovery services to law firms and corporations, today announced the acquisition of Preferred Imaging, a full service litigation support provider with headquarters in Indianapolis, Indiana. Preferred Imaging has provided litigation support and e-discovery solutions to law firms and corporate legal departments in the Midwest for over fourteen years.
The acquisition expands Quantum Discovery's national presence, and solidifies its foothold in the Midwest. Quantum Discovery offers state-of the art electronic discovery solutions utilizing Viewpoint, an all-in-one e-discovery platform developed by Lateral Data, a Xerox company, for managing its clients' e-discovery projects. "With Viewpoint, clients can simplify the collection, processing, analysis, review and management of data across complex information sources, including social media, servers, email and desktops, all from a single platform with fully integrated functionality," said Brett Crist, President of Preferred Imaging. "With this acquisition, Preferred Imaging can now provide a completely different level of support to our client base."
"We felt the opportunity to bring the Preferred Imaging team into the Quantum Discovery family was a very attractive fit. The company has long standing client relationships, a respected name in the Indianapolis marketplace and significant e-discovery experience and bench strength," said Matt McCormack, President and CEO of Quantum Discovery. "In addition, the Viewpoint platform offers advanced capabilities for filtering and processing data up to five times faster than any e-discovery software, giving clients the ability to conduct early case assessments and analyze relevant data sooner. Furthermore, the fully integrated Viewpoint Assisted Review tool has been proven to save our clients millions in attorney review fees. We believe Preferred Imaging can leverage this solution to provide significant cost-savings to their clients."
The Preferred Imaging management team and all employees will remain with the company. Offices will continue to be located in Indianapolis.The terms of the deal have not been disclosed.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts