Autonomy Snapping Up Iron Mountain Digital Services

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Whether Autonomy will be running the largest number of petabytes in the cloud is arguable, Lynch said. However, what Autonomy is doing with those petabytes is the most important differentiator.

"(Autonomy has) access to all of the messaging and e-mail, the very lifeblood of the operations of the company (for which) we are holding the data," he said. "With this acquisition, we add to that the data that is available on the desktops, the Macs, the PCs, and the mobile. We do not believe that anyone else has the view on enterprise corporate data approaching this."

"The acquisition puts us in the position of owning the data in the cloud at a time when we are just beginning to see the possibilities of creating new functions and businesses around that," he said.

Lynch also said that Iron Mountain was charging too much for basic functionality, which led the company to the point where it decided it had to leave the market. Autonomy will drop the cost of the basic service, making it easier for customers to consider adding more of Autonomy's services, he said.

The deal also represents Autonomy's first venture into the online data protection market, Lynch said.

Autonomy will invest in growing its new backup and restore business. "(It) puts into our cloud a whole set of new types of information on which we believe we can offer a whole series of new functions to customers by virtue of meaning, really reeling analytics into a new age," he said.

Autonomy said it will continue to support active Iron Mountain Digital customers without disruption.

Iron Mountain declined to comment on the story.


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