April 10, 2018

What's the Big SaaS Deal? 4 Ways our New Merrill DatasiteOne Platform Impacts your Day-to-Day

Abby Roberts, Merrill Corporation | April 10, 2018

This March, two major Software-as-a-Service (SaaS) events hit the M&A world. Salesforce snapped up SaaS integration provider MuleSoft for $6.5B and Merrill Corporation announced the launch of Merrill DatasiteOne, the first SaaS application for due diligence.  

Of the two, Salesforce’s acquisition of MuleSoft is the proverbial drop in the billion-dollar M&A bucket, but Merrill’s move has longer-term implications for how your work gets done.  

So why should you care? Here are four ways it will impact your day-to-day: 

  1. Quickens Diligence. Our new technology architecture uses cloud foundry to give our code and platform scalability. This means you can upload as many documents – with as many users – as you want without having to worry about a system slowdown or screen freeze. This also increases search speed by building on exciting new technologies like Elasticsearch, a search engine that specializes in handling large document repositories.
  2. Beams Up Documents. The team that built our new document uploader has stickers of a UFO zapping someone into space for a reason. “What we do, essentially, is instead of delivering one entire file at a time, we break it up into small slices and deliver each independently and reassemble them on the other side,” says Tony Schumacher, Director of Product Management. This innovative approach results in faster document uploads than ever before.
  3. Produces more Products. No more years-long waits for promised products. Merrill DatasiteOne's microservices architecture structures an application as a suite of independently deployable, modular services – think building blocks. This makes new applications easier to develop, test and deliver into your hands.
  4. Fast Fixes. Those building block-style microservices combined with our new DevOps culture also ensure DatasiteOne works more smoothly and is upgraded on a continuous basis. “We work without walls between who builds technology and who supports it,” explains Joy Montello, Director of Product Management, Analytics and Operations. “When you have a team that owns something end to end, they’re highly invested in making sure things don’t break because they know defects are going to come back to them.” In practical terms, this means technical glitches get fixed in hours - not days.

Ready to Get Started?

You may also like:

Keep the deal moving - even on the move

With the Datasite mobile app, you always know where the deal’s at – wherever you are.

M&A Professional reviewing documents via data room
The ABCs of SPACs and de-SPAC’ed Entities

With the change in market conditions over the last year (increased inflation, interest rates etc.), there is concern that companies who went public via a SPAC in 2020 and 2021 will not be able to continue their business operations due to a lack of free cash flow or will face de-listing because their stock is not in compliance with the NYSE or NASDAQ requirements. These companies may need to explore alternative options, such as rescue capital raises, full company sale to a strategic, bankruptcy, and PE take-private options, etc.

M&A Professionals work on a data room
M&A and digital transformation: Opportunities and challenges in APAC

The pandemic saw a growth spurt in digital platforms. Will the tech sector be able to sustain investor interest in the face of challenging macroeconomic dynamics? Learn more about emerging digital transformation stories from APAC in our expert spotlight blog.

City Skyline