-- Additional European Facility to Expand Security, Compliance, and Data Storage Capabilities for Local Customers; Complements Existing Security Initiatives Such as CMK and IRM
NEW YORK, March 30, 2015 /PRNewswire/ -- Intralinks® Holdings, Inc. (NYSE: IL), a leading, global SaaS provider of secure enterprise content collaboration solutions, today announced expansion plans to add a new data center in Germany. This will be Intralinks' second European data center and will help customers maintain compliance with national data sovereignty laws and regulations, and is part of the company's continuing expansion in Europe to meet growing demand for secure enterprise content collaboration. With this additional data center, Intralinks customers will be able to choose among US, UK, and German data centers for information storage. Intralinks expects to launch the German data center in Q4 2015.
"The growing list of international regulations requires companies to store their data in particular jurisdictions for both privacy and compliance purposes," said Richard Edwards, principle research analyst at Ovum. "For some organizations, the European Union is very specific about where a company's data may reside. Intralinks' German data center will enable customers to meet local regulations and keep data nearby."
Enterprises operating in Europe work with increasingly stringent data governance requirements in order to address privacy and security. This is especially relevant when adopting software-as-a-service or cloud-based solutions. Intralinks is a leader among global SaaS vendors in managing its customers' data sovereignty requirements. In addition to expanding geographic hosting options, Intralinks is the first content collaboration vendor to empower customers to manage their own data encryption keys - moving control of information to the customer. Furthermore, Intralinks offers advanced Information Rights Management (IRM) capabilities, which allow customers to control their content even after it is shared or distributed to third parties. Taken together, these capabilities allow even the most regulated global enterprises to use Intralinks for sharing and collaborating on high-risk information and documents.
"Any global company that is serious about European business needs to understand the regulations and sensitivities of these markets, and have facilities for storing data in region," said Dave Wareham, SVP EMEA, Intralinks. "Our customers need local data storage to meet increasingly stringent regulatory demands, and because we are committed to the global collaboration market, we are expanding with a German data center."
About Intralinks
Intralinks Holdings, Inc. (NYSE: IL) is a leading, global technology provider of inter-enterprise content management and collaboration solutions. Through innovative Software-as-a-Service solutions, Intralinks solutions are designed to enable the exchange, control and management of information between organizations securely and compliantly when working beyond the firewall. More than 3.1 million professionals at 99% of the Fortune 1000 companies have depended on Intralinks' experience. With a track record of enabling high-stakes transactions and business collaborations valued at more than $28.1 trillion, Intralinks is a trusted provider of easy-to-use, enterprise strength, cloud-based collaboration solutions. For more information, visit www.intralinks.com.
Forward Looking Statements
The forward-looking statements contained in this press release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are express or implied statements that are not based on historical information and include, among other things, statements concerning Intralinks' plans, intentions, expectations, projections, hopes, beliefs, objectives, goals, and strategies. These statements are neither promises nor guarantees, but are subject to a variety of risks and uncertainties, many of which are beyond our control and could cause actual results to differ materially from those contemplated in these forward-looking statements. Accordingly, there can be no assurance that the results or commitments expressed, projected, or implied by any forward-looking statements will be achieved, and readers are cautioned not to place undue reliance on any forward-looking statements. The forward-looking statements in this press release speak only as of the date hereof. As such, Intralinks undertakes no obligation to update or revise the information contained in this press release, whether as a result of new information, future events or circumstances or otherwise. For a detailed list of the factors and risks that could affect Intralinks' financial results, please refer to Intralinks public filings with the Securities and Exchange Commission from time to time, including its Annual Report on Form 10-K for the year-ended December 31, 2014.
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"Intralinks" and Intralinks' stylized logo are the registered trademarks of Intralinks, Inc. This press release may also refer to trade names and trademarks of other organizations without reference to their status as registered trademarks. © 2015 Intralinks, Inc.
