Iron Mountain Drinks in Mimosa
Wade Roush2/22/10
Boston-based paper and digital archiving giant Iron Mountain (NYSE: IRM) said today that it has acquired Santa Clara, CA-based Mimosa Systems for $112 million in cash. Mimosa makes e-mail archiving software for companies that use Microsoft Outlook or Outlook Web Access through Microsoft’s Exchange Server. “By combining Mimosa’s on-premises archive with our cloud-based technologies, Iron Mountain can now store, recover and discover digital content wherever it resides,” said Iron Mountain Digital president Ramana Venkata in a statement.
Wade Roush is Xconomy's chief correspondent and editor of Xconomy San Francisco. You can e-mail him at wroush@xconomy.com or follow him on Twitter at twitter.com/wroush.
