Iron Mountain expands in Philippines via Lane Archive acquisition

Iron Mountain expands in Philippines via Lane Archive acquisition

Storage and information management services firm Iron Mountain Inc has acquired Philippine-based records and data management services provider Lane Archive Technologies, further expanding its presence in the country. Financial details of the acquisition were not disclosed. Iron Mountain said the deal will add eight facilities to its existing Philippines operations, and that Lane Archive Technologies is a good strategic fit as the country is witnessing a shift toward digital transformation, along with growth in demand for records and information management outsourcing. Iron Mountain stores and protects valuable assets, such as critical business information, sensitive data, and cultural and historical artifacts. The company also provides solutions for information management, digital transformation, secure storage, secure destruction, as well as data centers, cloud services, and art storage and logistics.

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