Corporate Virtual Data Rooms

Businesses today depend on the creation, transmission and receipt of data. Traditional mail and faxes play an important part, as do digital tools like email, FTP and cloud-based file sharing. However, when it comes to storing important company information in an secure, reliable environment with a global network of users, a lot of companies turn to the new generation of online data exchanges virtual data rooms.

VDRs are advanced online information exchanges that feature robust document protection as well as collaboration and communication features. They are used to store and share information securely through a global user network. They are available 24/7 and support. They are accessible from any computer, tablet or mobile device with internet anonymous access. They are suitable for sensitive and confidential documents and can be used to support various business activities that include strategic partnerships, fundraising and due diligence.

VDRs can assist with due diligence during M&A transactions. Both the buy-side as also the sell-side require a space to store and access the required documentation. VDRs enable companies to simplify their strategic partnership process, which is a key element of growth strategies.

The technology behind online repositories are constantly changing. Numerous vendors offer various pricing models that range from pay-per page upload charges to user charges for deleting or adding users. When choosing the right VDR be sure to look for transparency in pricing as well as practical features that are used more often than those that are not. The iDeals platform is easy to use, user-friendly and highly efficient. We’ve closed 3 multi-million euro M&A transactions using iDeals. We have been very pleased with our customers.