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May 16, 2011 02:12 pm GMT

Autonomy Buys Iron Mountain's Digital Archiving, Online Backup Business For $380M

Cambridge, UK-based infrastructure software company Autonomy this morning announced that it is acquiring a number of assets of Iron Mountain's digital division - including the latter's archiving, e-discovery and online backup business units - for $380 million in cash.Dr. Mike Lynch, CEO of Autonomy, said in a statement that they've been wanting to close such a deal for a while now.

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/2PCnSv28Lxo/

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