“The IP Risk Control team is building an incredible and on-target technology stack that is relevant and highly-required for today's information security requirements,” added Modevity, LLC President and co-Founder Jim Coyne. “Combining ARALOC with functions such as ClassiDocs and other enhancements signifies both a deep understanding of the market and a continued leading data governance and storage management platform which is able to be deeply integrated to the rest of enterprise – for both cloud and hybrid-cloud applications.”
“The teams are working closely to complete the transition as efficiently as possible, while continuing to grow the customer base and product set. We expect the transaction to be accretive to earnings beginning Q2 FY 2018 and ongoing. The transaction includes the full and completely supported transition of customers, code, sales and marketing and other operational facets of the business. We are very excited to add this solution set to our offerings for our clients,” added IP Risk Control president Jason Remillard.
Araloc has over 400 active clients and has almost a decade of sales and operations behind it.
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