Legaltech News Desk: Done Deals
Done deals in legal technology with AccessData, dtSearch, eDepoze, EMC and PactSafe.
June 05, 2015 at 07:56 AM
4 minute read
ACCESSDATA
Fortune 500 company Fidelis Cybersecurity acquired on May 12 incident response and endpoint security firm Resolution1 Security from the AccessData Group, an e-discovery and forensic software provider. Resolution 1 was spun out of AccessData in November 2014.
The Resolution 1 platform delivers real-time insight and analysis into security breaches with automated response and remediation to identify and eliminate threats on endpoint devices. After reviewing AccessData's portfolio and goals, Chairman Tim Leehealey said in a public announcement that the “transaction is in the best interests of the customers, employees and investors at both AccessData and Resolution1 Security.”
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Who Got The Work
Michael G. Bongiorno, Andrew Scott Dulberg and Elizabeth E. Driscoll from Wilmer Cutler Pickering Hale and Dorr have stepped in to represent Symbotic Inc., an A.I.-enabled technology platform that focuses on increasing supply chain efficiency, and other defendants in a pending shareholder derivative lawsuit. The case, filed Oct. 2 in Massachusetts District Court by the Brown Law Firm on behalf of Stephen Austen, accuses certain officers and directors of misleading investors in regard to Symbotic's potential for margin growth by failing to disclose that the company was not equipped to timely deploy its systems or manage expenses through project delays. The case, assigned to U.S. District Judge Nathaniel M. Gorton, is 1:24-cv-12522, Austen v. Cohen et al.
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