ATLANTA, GA and PORTLAND, OR--(Marketwire - Nov 29, 2012) - DTI, the nation's largest independent provider of discovery services, facilities management, and knowledge process outsourcing, today announced its acquisition of Fios, Inc., a pioneering firm in electronic discovery and one of the industry's most recognized brands. Effective immediately, the company will be known as "Fios, A DTI Company."
Since its inception in 1999, Portland, Oregon-based Fios has advocated approaches that reduce the costs and the risks of e-discovery. This is most notably executed through the smart application of best-in-breed technologies, such as those offered by kCura, Venio, Equivio, and Content Analyst. Going forward, the company will expand on this strategy by enhancing the broader DTI organization with additional experienced project managers and operations team members, a majority of whom are Relativity Certified Administrators. In addition, the Fios acquisition will provide DTI clients with expanded product development resources and proprietary workflow applications, such as the Fios Redaction Assistant.
"We felt the opportunity to bring Fios into the DTI family was quite attractive. They have exactly what we look for -- an exceptional group of high-performing employees, a respected name, strong relationships with an impressive list of AmLaw 100 and Fortune 500 corporate clients, and most importantly, similar values and corporate cultures," said John Davenport Jr., president and CEO, DTI. "DTI will leverage this expertise to continue advancing our leadership position in the discovery services market."
Fios is one of only six Relativity Orange Best-in-Service companies out of 140 total Premium Hosting Providers worldwide. To earn this designation, Fios had to pass evaluations and audits for technical expertise, customer service, product knowledge, and scale of operations while maintaining an established installed base exceeding 1,000 active Relativity users.
"DTI has been a market leader to watch in recent years," said Katey Wood, an analyst at the Enterprise Strategy Group. "The company has aggressively expanded its geographic reach and built out its digital services arm to become a cross-functional asset to businesses across the country. With this most recent acquisition of Fios, the company gains a stronghold of highly distinguished Relativity talent and acumen."
The terms of the deal have not been disclosed.
DTI is the nation's largest independent provider of e-discovery, managed document review, facilities management, and knowledge process outsourcing. DTI serves the nation's leading law firms and Fortune 500 corporations through its 27 highly secure service centers, located in major cities across the United States. For more information, visit www.DTIglobal.com.