IntraLinks

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IntraLinks
Type Public (NYSEIL)
Industry Virtual data rooms, Cloud Collaboration
Founded 1996 (1996)
Headquarters New York, NY, USA
Key people Ronald Hovsepian, President & CEO[1]
Employees 570 (2014)[2]
Website www.IntraLinks.com

Intralinks Holdings, Inc. (NYSE: IL) is a global technology provider of inter-enterprise content management and collaboration solutions. Intralinks enables the exchange, control, and management of information between organizations through their Software-as-a-Service (SaaS) solutions, when working through and outside of the firewall.[3]

Founded in 1996, the firm’s offerings serve the enterprise collaboration and strategic transaction markets.

History[edit]

In 1996, Arthur Scully, John Muldoon and Mark Adams founded Intralinks. Together, they produced their first work space product. Major banks began using the product for loan syndication in 1997. In 2002, Intralinks created the world’s first virtual data room (VDR), enabling businesses to share information during the due diligence process in a secure space. In 2004, companies completed over $5 trillion in syndicated loan transactions with Intralinks. Intralinks was acquired by TA Associates in 2007 and became a publicly traded company on the New York Stock Exchange in 2010. In 2011, Ron Hovsepian joined Intralinks as Chief Executive Officer, President and Director. Hovsepian held previous management and executive positions at IBM Corporation, Internet Capital Group and Novell, Inc. Under Hovsepian’s leadership, Intralinks developed Intralinks VIA™ and Intralinks DealNexus™.[4] In 2014, Intralinks appointed Aditya Joshi[5] as executive vice president of products, and named Thor Johnson its new chief marketing officer.[6]

Intralinks claims that more than 2.7 million professionals at 988 of the Fortune 1000 companies use their products.[7]

Initial Public Offering[edit]

The company's initial public offering of stock on the NYSE occurred on August 6, 2010. Its initial price range is $14–$16, but the stock priced at $13. The company sold 11,000,000 shares and raised $146M.[8] The lead underwriters of the deal are Deutsche Bank AG and Credit Suisse Group. IntraLinks had approximately $152M in debt at the time of the IPO and expects to use the vast majority of the returns from the offering to repay its obligations.

The company has 570 employees worldwide and its global headquarters are in New York City. In 2013 Intralinks launched morethanavdr, a website that specifically targets investment bank strategic advisors, legal advisors and corporate advisors.

Products[edit]

Intralinks products enable businesses across industries to collaborate. Intralinks also has grown to support strategic collaboration solutions for a range of industries, including financial services, life sciences, technology and manufacturing. Intralinks products include: Intralinks Dealspace™,[9] Intralinks VIA™,[10] Intralinks Studyspace™, Intralinks Fundspace™, Intralinks Connect™, Intralinks Debtspace™, Intralinks Courier™, Intralinks DealNexus™ , Intralinks Technology Platform, Intralinks Secure Mobile, SharePoint Integration and Intralinks Security.

Recent Developments[edit]

docTrackr[edit]

On April 23, 2014, Intralinks acquired docTrackr,[11] a document security company. docTrackr’s information rights management (IRM) technology enables users to protect and track PDF, Word, Excel and PowerPoint documents wherever those files are stored or shared. docTrackr combines analytics, audit trails and policy management of all document activities in a plug-in free deployment.

Intralinks VIA™[edit]

Released in April 2013, Intralinks VIA™ enables users to share information outside of the network firewall. VIA encrypts every file shared within the platform and allows users to designate permissions. With the proper permission, users can download documents and collaborate freely together. VIA also includes an UNshare feature allowing admins to withdraw information at any time, with an encryption that corrupts the files (and any copies) sent or saved.[12] In January 2014, Intralinks announced a new version[13] of its Intralinks VIA™ product, Intralinks VIA™ Enterprise, which supports complete content lifecycle management for the extended enterprise.

DealNexus™[edit]

In 2013, Intralinks acquired PE-Nexus and MergerID. Each of these offered clients a platform to find partners for mergers and acquisitions. Intralinks merged the two firms and renamed the newly created platform DealNexus™, the largest global deal sourcing network.[14] DealNexus’ client portfolio offers businesses a network to find partners. Once engaging in a deal, the Intralinks VDR allows parties to conduct due diligence.

Headquarters[edit]

Intralinks maintains its corporate headquarters on the east side of Manhattan in New York City. Other offices include: Boston, San Francisco, São Paulo, London, Milan, Frankfurt, Hong Kong and Sydney.[15]

References[edit]

  1. ^ http://www.intralinks.com/news-events/press-releases/2011/12/16/intralinks-appoints-ronald-hovsepian-ceo
  2. ^ "IntraLinks Holdings, Inc. (Public, NYSE:IL)". Google Finance. 2010-09-09. Retrieved 2010-09-09. 
  3. ^ New York Times, Business Day http://topics.nytimes.com/top/news/business/companies/intralinks-holdings-inc/
  4. ^ Intralinks Company Overview http://www.intralinks.com/about-us
  5. ^ http://money.msn.com/business-news/article.aspx?feed=PR&date=20140902&id=17896801
  6. ^ http://www.thestreet.com/story/12769532/1/intralinks-appoints-thor-s-johnson-as-chief-marketing-officer.html
  7. ^ "Our History - IntraLinks". IntraLinks. 2009-06-12. Retrieved 2009-06-12. 
  8. ^ "IntraLinks IPO Opens Flat, Trades Down >IL". Wall Street Journal. 2010-08-06. Retrieved 2010-09-09. [dead link]
  9. ^ Intralinks Dealspace http://www.intralinks.com/products/intralinks-dealspace
  10. ^ Intralinks VIA http://www.intralinks.com/via/
  11. ^ Wall St. Journal - Intralinks Beats Out Box to Acquire docTrackr http://blogs.wsj.com/digits/2014/04/24/intralinks-beats-out-box-to-acquire-doctrackr/
  12. ^ Business2Community - Intralinks VIA Review http://www.business2community.com/mobile-apps/intralinks-via-review-share-large-files-securely-0619240
  13. ^ http://www.forbes.com/sites/benkepes/2014/01/10/the-world-needs-another-file-sharing-offering-intralinks-steps-up-to-the-plate/
  14. ^ CrunchBase - Intralinks DealNexus http://www.crunchbase.com/company/intralinks-dealnexus
  15. ^ Intralinks Locations http://www.intralinks.com/contact/locations

External links[edit]