IntraLinks is a global provider of virtual data room

Virtual data room

A virtual data room is an online repository of information that is used for the storing and distribution of documents. In many cases, a virtual data room is used to facilitate the due diligence process during an M&A transaction, loan syndication, or private equity and venture capital transactions...

s. Its services are used in the facilitation of loan syndications

Syndicated loan

A syndicated loan is one that is provided by a group of lenders and is structured, arranged, and administered by one or several commercial banks or investment banks known as arrangers....

, mergers and acquisitions

Mergers and acquisitions

Mergers and acquisitions refers to the aspect of corporate strategy, corporate finance and management dealing with the buying, selling, dividing and combining of different companies and similar entities that can help an enterprise grow rapidly in its sector or location of origin, or a new field or...

, and for creating and maintaining repositories for corporate documents.

History

IntraLinks was founded in 1996 in order to streamline the exchange of information in the loan syndication market. It launched its first workspace in April 1997.

Since 1997, more than 750,000 users representing over 90,000 organizations have used IntraLinks.

Initial Public Offering

The company's initial public offering

Initial public offering

An initial public offering or stock market launch, is the first sale of stock by a private company to the public. It can be used by either small or large companies to raise expansion capital and become publicly traded enterprises...

 of stock on the NYSE and occurred on August 6th, 2010. Its initial price range is $14-$16, but the stock priced at $13. The company sold 11,000,000 shares and raised $146M. The lead underwriters of the deal are Deutsche Bank

Deutsche Bank

Deutsche Bank AG is a global financial service company with its headquarters in Frankfurt, Germany. It employs more than 100,000 people in over 70 countries, and has a large presence in Europe, the Americas, Asia Pacific and the emerging markets...

 AG and Credit Suisse

Credit Suisse

The Credit Suisse Group AG is a Swiss multinational financial services company headquartered in Zurich, with more than 250 branches in Switzerland and operations in more than 50 countries.-History:...

 Group. IntraLinks had approximately $152M in debt at the time of the IPO and expects to use the vast majority of the returns from the offering to repay its obligations.

IntraLinks revenue for 2009 was reported at $141M which is a slight decrease from its 2008 revenue of $143M. The company's also reported a net loss of $25M in 2009. The company has consistently reported a net loss of at least $24M.

The company has 400 employees worldwide and its global headquarters are in New York City

New York City

New York is the most populous city in the United States and the center of the New York Metropolitan Area, one of the most populous metropolitan areas in the world. New York exerts a significant impact upon global commerce, finance, media, art, fashion, research, technology, education, and...

.

External links

• IntraLinks S-1 SEC Filing
• IntraLinks
• IntraLinks Blog
• http://www.boston.com/business/technology/articles/2006/01/23/the_data_room/
• http://www.manda-institute.org/docs/kummer-sliskovic_do%20virtual%20data%20rooms%20add%20value%20to%20the%20mergers%20and%20acquisitions%20process.pdf
• http://www.cfonet.com/article.cfm/6847731?f=search