FTI Completes Attenex Acquisition
FTI Consulting, Inc. completes acquisition of Attenex Corporation
July 3, 2008
NEW YORK -- FTI Consulting, Inc. (NYSE:FCN), the global business advisory firm dedicated to helping organizations protect and enhance their enterprise value, today announced that it has completed its acquisition of Attenex Corporation, a leading eDiscovery software provider, for $88 million in cash, as previously announced.
Attenex is a globally recognized leader in the eDiscovery marketplace with innovative software solutions that automate data processing and provide powerful visualization tools for quickly analyzing massive amounts of electronically stored information (ESI). The Attenex software is available either on-premise or as a hosted service through Attenex Advantage partners, the industry’s largest network of global service providers. As a part of FTI Consulting, Attenex has been integrated into the FTI Technology segment.
“We are very pleased to have completed this strategically important transaction,” said Jack Dunn, FTI’s president and chief executive officer. “The acquisition of Attenex joins two of the most well respected brands in the industry, and positions FTI and the Technology segment as the market leader in eDiscovery with a full suite of products and solutions to meet our clients’ evolving needs and the global reach to provide these services where they are needed. We are better positioned than ever to take advantage of this rapidly growing business.”
Attenex Corp.
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