Intralinks, the global provider of cloud-based virtual data room (VDR) and highly secure team collaboration solutions, announced that its VDR solution has been adopted by public offering advisors to perform marketing sounding relating to a concession for the operation of the Hiroshima Airport, which is being led by the Ministry of Land, Infrastructure, Transport and Tourism Civil Aviation Bureau of Japan.
The 2013 law permitting government-managed airports to utilise the capability of the private sector for operations has enabled private sector entities to operate not only terminal buildings, but also aviation-related facilities including runways. Under the provisions of this law, private businesses were selected for managing Sendai Airport in 2015 and Takamatsu Airport in 2017. Currently the selection process is proceeding for Fukuoka Airport.
Hiroshima Airport also announced its basic scheme for the concession on October 13, 2017, aiming to begin operation by a private business in 2021. The Intralinks VDR solution will be used as a marketing sounding tool, primarily to permit secure disclosure of information to private businesses under non-disclosure agreements and submission of opinions from private businesses.
“We are very pleased that our VDR solution will be used for an important national infrastructure project after evaluation for its security features and large install base across the world,” said Satoshi Muraoka, country manager of Intralinks Japan. “We will continue to be committed to provide high-quality cloud service and forms of support that meet high requirements of Japanese customers.”
Since its launch in 1997, Intralinks has been adopted in various areas where highly confidential information is communicated, such as mergers and acquisitions (M&A), fundraising and business-to-business collaboration. The latest platform released in September this year features a more intuitive user interface and faster responses, as well as automated contract review and content classification enabled by enhanced integration with artificial intelligence (AI) technology.
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