Iron mountain to divest intellectual property management business

Boston--(business wire)--iron mountain incorporated (nyse: irm), the global leader in innovative storage and information management services, today signed an agreement to sell its intellectual property management (“ipm”) business to ncc group (“ncc”), a publicly listed software escrow and cyber security company, located in the uk. all of the assets associated with ipm will be sold to ncc for gross proceeds of $220 million, or approximately $165 million, net of taxes and fees, subject to adjustm
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