To The Moon

Hey, this is Stocks_Pedia.

Here I would like to introduce you to some unfamiliar companies that you may probably haven't heard of, and hope it can be of some help to your investments.

The company I'm going to introduce this time is $Iron Mountain(IRM)$.

It went public on 1th July 1997.

[Company Profile]

Iron Mountain Inc. (NYSE: IRM) is an American enterprise information management services company founded in 1951 and headquartered in Boston, Massachusetts.

Its records management, information destruction, and data backup and recovery services are supplied to more than 220,000 customers in 58 countries throughout North America, Europe, Latin America, Africa, Asia, and Australia.

[History & Events]

2010: The company acquired a California-based eDiscovery and content archiving software provider, Mimosa Systems.

2011: The company decided to divest Iron Mountain Digital, which was acquired by the British enterprise search and knowledge management firm Autonomy corporation for $380 million.

2012: The company expanded its high-security storage facility business through the acquisition of three records storage firms—File House Offsite Record Storage in Fredericksburg, Virginia, and Document Systems Inc. in Columbia, South Carolina and First National Safe Deposit in Philadelphia.

2013: The company announced it would be shutting down its Saint John, New Brunswick contact center.

2014: The company successfully converted to a real estate investment trust after approval of private letter ruling requests by the IRS to classify steel racking structures as qualified real estate assets.

2015: The company announced it would acquire Australian data protection services provider Recall Holdings for around $2.2 billion in cash and stock.

2016: The company announced the completion of the merger for $2 billion (US), mostly in stock.

2017: The company purchased IO Data Centers' US division for $1.3 billion, which includes four colocation data centers in New Jersey, Ohio and two in Arizona.

2021: The company purchased Infofort' information management solutions provider in the Middle East, North Africa and Turkey (MENAT) region.

[Main Business Segments]

[Net Income & Total Revenue]

[Competitors]

H3C

Access Information Management

Dell EMC

Hewlett Packard Enterprise