Nuix has acquired the Ringtail eDiscovery software business from FTI Consulting for $US55 million, and is promising to create an end-to-end eDiscovery platform featuring the patented processing power of the Nuix Engine across more than 1,000 file types and data formats.

“We know the practice of eDiscovery is hard and our customers and partners have been asking consistently for a better end-to-end solution,” said Rod Vawdrey, Group CEO of Nuix.

“Integrating the power of Ringtail into the Nuix platform is truly transformational for the legal, risk, and compliance industries and equips our extensive partner and distribution network to raise the bar for excellence and pace of innovation in eDiscovery.

“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 eDiscovery without compromise.”

“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.”