Atlanta data privacy company OneTrust has acquired a London-based privacy and security regulatory research platform, DataGuidance.
The value of the transaction was not disclosed in a news release or by a company spokesperson. The deal which closed March 8 adds 50 employees and 350 customers to OneTrust’s footprint, creating a combined company with 2,500 customers across more than 100 countries and 700 full-time employees in six global locations.
Customers use OneTrust’s technology platform to implement privacy, security and third-party risk programs, automatically generating specific record-keeping needed to demonstrate compliance with privacy regulations ranging from the European Union’s GDPR to Brazil’s LGPD. Its software can be deployed in the cloud or on premise and is available in more than 60 languages.
DataGuidance provides a suite of privacy solutions designed to help customers monitor regulatory developments, mitigate risk and achieve global compliance. Its online technology platform has indexed and made searchable hundreds of privacy and security laws and frameworks, along with over 10,000 associated templates, guidance, case law and resources, developed over 20 years of operations.
DataGuidance’s 15 in-house privacy researchers join five at OneTrust, the spokeswoman said.
“Organizations are increasingly needing scalable solutions to help them tackle not just the GDPR, but multiple privacy laws across hundreds of sectors and jurisdictions that are constantly changing,” Kabir Barday, OneTrust CEO and Fellow of Information Privacy, OneTrust, said in an announcement. “OneTrust and DataGuidance together create the solution. We evaluated all the players in the market and it was clear DataGuidance was at the top of the field with expert in-house resources, a global contributor network and an incredible customer base with high satisfaction scores. DataGuidance is not just a research tool, but a technology platform that brings structure to all this information, making it possible to integrate their deep regulatory insight into OneTrust’s most widely used privacy management technology.”
David Longford, CEO, DataGuidance, said in the announcement, “We built DataGuidance to give our customers the most in-depth and up to date regulatory research and insight available on global privacy laws, and today’s acquisition will bring together two of the top technologies to power global privacy compliance at scale. With our shared vision and commitment to customer success, we’re excited to bring the full DataGuidance platform, team, contributor network and customer base into OneTrust.”
Post-acquisition, DataGuiance’s branding will be DataGuidance by OneTrust.
