Iron Mountain in India Venture

The joint venture will be branded Iron Mountain India.
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Information protection and storage services provider

Iron Mountain

(IRM) - Get Report

announced Wednesday that it has tied up with Mody Access Info and Indexinfo Services in order to establish its presence in India.

The two Indian entities will merge, with Iron Mountain acquiring a 50.1% equity interest in the combined entity, the company said.

The joint venture will be branded Iron Mountain India.

"We continue to expand our global footprint for one great reason: to support our largest customers wherever they do business," Iron Mountain said. "We have significant Iron Mountain customer demand for services in India and we have found an excellent partner in Mody. They've built a very solid business here and we are very pleased to be teaming with them to extend our presence to this very important market."

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