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Virtual Data Rooms: Easing the Way for M&A : Dataroom

For the last six years, the industry has immensely grown thanks to virtual data rooms. From 2009 – 2014, the Virtual Data Room industry expanded at a yearly rate of 16.7 percent. This growth is expected to soar from $628 million in 2012 to $1.2 trillion by 2017 – IBISWorld. The principal analyst and vice president for Forrester Research, Rob Koplowitz, expounds on the ever-increasing popularity of VDRs; “The space around sharing content externally is being pushed by the nature of our work today across organizations, and pushed by the cloud, which is the natural place where content can be shared.”

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