Nuix announced:

Combining the raw processing power of the Nuix Engine across more than 1,000 file types and data formats with Ringtail’s efficient linear review, data analytics, and self-service capabilities creates an amazingly fast, easy to use, and comprehensive end-to-end eDiscovery platform—all from one vendor.

Ringtail offers you many business benefits over competing review platforms, including:

  • Amazingly fast linear review. Ringtail’s intuitive user interface and intelligent automation capabilities allow reviewers to complete each task with fewer clicks. Multiply that by a team of reviewers and millions of items and watch your savings add up.
  • Analytics included. Ringtail has a fully integrated analytics suite included in the base license, so all reviewers can leverage advanced data visualizations to find the smoking gun much faster.
  • No nasty surprises. With Nuix and Ringtail, you don’t have to worry about the other side having better data or surprising you with evidence you’ve never seen. You’ll never miss a shred of evidence, thanks to the industry standard in processing for eDiscovery and forensic investigations.

FTI Consulting announced:

FTI Consulting, Inc. (NYSE:FCN) today announced the sale of its Ringtail® e-discovery software to Nuix, a security, risk and compliance software company. The purchase price for the sale of the Ringtail software, related assets and transition support services is $55.0 million. As the largest Ringtail customer, FTI Consulting has entered into a three-year preferred partner licensing agreement with Nuix for the Nuix Ringtail Review platform. 

“Ringtail is a superb software and it, together with its highly experienced team, has achieved a leading reputation in the e-discovery industry,” said Sophie Ross, Global Chief Executive Officer of the Technology segment at FTI Consulting. “We believe Nuix’s development expertise and commitment to Ringtail will allow Ringtail to flourish and grow, and we are pleased that our consultants will continue to offer and use Ringtail along with other tools to serve our global clientele.”

Commenting on the transaction, Rod Vawdrey, Group Chief Executive Officer of Nuix, added, “The acquisition of Ringtail further builds on our position as a leading e-discovery processing, review and analytics platform. Corporations, governments and legal service providers who depend on Total Data Intelligence from Nuix will be further empowered to simplify, de-risk and speed up their enterprise e-discovery needs without compromise. Technology is transforming the e-discovery industry and customer requirements are increasing in complexity and cost, and our customers and partners have been asking for a better end-to-end solution. Integrating the power of Ringtail into the Nuix platform equips our extensive partner and distribution network to raise the bar for excellence in e-discovery.”