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iManage Logo Work product management solutions leader for legal, accounting and financial services firms and corporations to become management-owned company.
The iManage leadership team has completed a buyout from Hewlett-Packard (HP) of the complete iManage business, including its brand, products and services. iManage co-founder and current General Manager Neil Araujo is the CEO of the management-owned company, now one of the largest independent software companies focused on work product management solutions for professional services firms and the corporate departments they serve. The newly independent iManage will focus on helping legal, accounting and financial services firms serve their clients more effectively by streamlining the creation, sharing, governance and security of their work product.

Chicago, Ill. – July 21, 2015 – The iManage leadership team today announced that it has completed a buyout from Hewlett-Packard (HP) for the purchase of the complete iManage business, including its brand, products and services. iManage co-founder and current General Manager Neil Araujo is the CEO of the management-owned company, now one of the largest independent software companies focused on work product management solutions for professional services firms and their clients. Rafiq Mohammadi, also a co-founder and former CTO of iManage, is returning to the company as Chief Scientist.

“With this buyout now complete, the iManage team has rededicated itself to our customer and partner community around the world,” said Araujo. “They have trusted us with their most important assets, and we are proud to begin a new era of innovation and ultimate market leadership in partnership with them.”

The newly independent iManage is led by the founding executives responsible for making iManage the market leader relied upon by nearly 3,000 of the most prestigious professional organizations worldwide. iManage helps legal, accounting and financial services firms and the corporate departments they serve streamline the creation, sharing, governance and security of their work product to improve productivity and client service.

With a 20-year innovation track record and support from an existing global network of integration partners, the newly independent iManage is a well-established and profitable business. Today, 80 percent of the largest law firms in the U.S., a majority of the largest firms in Europe and more than 400 corporate legal departments rely on iManage. In addition to WorkSite (document and email management), the HP products in this transaction include LinkSite (secure file sharing), Universal Search (enterprise search and analytics) and WorkSite Records Manager (records and information governance.)

iManage will continue utilizing HP cloud services for its private and hybrid cloud offerings. The company will also resell relevant HP products, including TeleForm and HP Process Automation, and will have ongoing access to other relevant technology, including HP IDOL. In addition, iManage will maintain its partnership with HP Managed Print Services for document process automation solutions based on integrating HP multifunction devices with WorkSite. “For us, iManage is much more than a product; it’s a community that spans our people, partners, customer organizations and nearly one million users, many of whom have been with us for a decade or more,” said Araujo. “This buyout allows us to serve the community we care about with a culture based on listening and working with customers, developing innovative products and providing best-in-class services and support.”

About iManage
iManage is the leading provider of work product management solutions for legal, accounting and financial services firms and the corporate departments they serve worldwide. Every day iManage helps professionals streamline the creation, sharing, governance and security of their work product. Nearly 3,000 organizations around the world—including more than 1,800 law firms—rely on iManage to help them deliver great client work. Headquartered in Chicago, Ill., iManage is a management-owned company.

For further information you can visit the link iManage