Iron Mountain acquires DocuVault

Published May 12, 2008 by CSBJ Staff

Boston-based Iron Mountain Inc. has acquired the Denver-based DocuVault companies.

The deal expands Iron Mountain’s presence in Colorado, but whether DocuVault will retain its name is unknown.

DocuVault was founded in 1997, and Iron Mountain was founded in 1951 and employs more than 10,500 workers.

During 2007, Iron Mountain reported $153 million in net income on revenue of $2.7 billion.

Financial terms of the deal were not disclosed.

Filed under CSBJ Daily

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