Datasite. Convenient information storage
in March 2020, Merrill announced a new brand name – Datasite. It states that the Datasite is “the digital home of M&A” now.
Similarly to DatasiteOne, DataSite prefers to collaborate with large enterprises and financial institutions. The company claims to be the “global leader” and assists lots of customers worldwide: their VDRs are mainly utilized for the execution of complex and cumbersome deals. Therefore, there is no wonder that prices for services are pretty high.
The VDR complements the other services of DataSite (Merrill) that provides consulting, content management, and financial services. Along with DataSite, customers may enjoy such platforms as Bridge, Connect, and DPA. Their main task is to ensure smooth and productive internal and external interaction and teamwork. Given the variety of options offered, DataSite can still successfully take the burden of managing the information of any enterprise. It means that the client can confidently delegate these tasks to DataSite and concentrate on more acute nuances of the company’s performance. Anyway, the new brand of VDR offered by Merrill data room abides by all the industry standards and provides customers with all the required options – secure file sharing, convenient storage, integration with software, intuitive navigation, multiple communication tools, etc. Nevertheless, it seems to be more logical to exploit the DataSite in a case when other products of the company are being utilized too: the client would experience all the advantages if the services are used in a complex.