It has been noted that we’re in an age of Big Data, and if the market is any indicator, the world has taken notice.
On Jan. 6, two major investment firms acquired LDiscovery, a Virginia-based e-discovery solutions provider. The financial terms of the deal were not disclosed, though the Washington Post said that the investment is valued at $150 million. The acquisition, which was undertaken in December but announced in January, was made by global asset manager The Carlyle Group – which is the majority shareholder – and investing firm Revolution Growth.
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