Intralinks accelerates M&A due diligence and contract review with Kira Diligence Engine relationship
Intralinks® Holdings, Inc. (NYSE: IL), a leading, global SaaS provider of secure enterprise content collaboration solutions, today announces a partnership with Kira Inc. Kira Diligence Engine is the leading software for faster and more accurate contract review and analysis. By leveraging the two platforms, the M&A due diligence process is dramatically streamlined through the partial automation of document review and abstraction. As a result, dealmaking is easier and more productive.
“We’re excited about this new relationship with Kira,” said Matt Porzio, vice president of strategy and product marketing at Intralinks. “Together, Intralinks Dealspace® and Kira Diligence Engine help ensure high-stakes transactions are brought to a fast close. The partnership will save our customers time and expense and help prevent costly human error during due diligence.”
Kira Diligence Engine uses machine learning to automate the extraction and analysis of key provisions across contracts that are reviewed during due diligence. Trusted on over $70 billion in transactions worldwide to date, Kira Diligence Engine enables faster and more accurate contract review, which expedites deal evaluation, negotiation, and closing.
“We are delighted with the Kira Diligence Engine software, which assists us in providing great value for our clients by streamlining the diligence process, while maintaining the high quality they expect of us,” said Elizabeth Ellis, director of knowledge management of top-ranked international law firm Torys LLP.
“Intralinks is universally known and respected among corporate lawyers and other dealmaking professionals,” said Kira CEO Noah Waisberg. “We could not be happier with them as a partner.”
For more than 18 years, Intralinks has been serving the M&A community to simplify and accelerate the deal process. With the industry’s leading virtual data room, Intralinks Dealspace, Intralinks gives deal professionals the tools they need to help them manage the full M&A lifecycle - to get more deals done, faster.