Iron Mountain’s
Software Escrow Services provide more than 40,000 organizations worldwide with a trusted, impartial third party responsible for ensuring controlled access to
mission-critical software under pre-negotiated release conditions
Feeling comfortable and confident is the key to a smooth and
mutually beneficial business transaction. Quite often, a great business
relationship can best be brokered with the aide of an impartial third party,
particularly when mission-critical software, proprietary information or
technology licensing is in play.
Iron Mountain
serves as a risk mitigation resource when two or more parties are negotiating a
license for software. When a software escrow contract is established, the
source code for that software is placed within a secure escrow account held by Iron Mountain.
If the developer is not able to support its product in the future—whether due
to a bankruptcy, an end-of-life announcement or a merger, acquisition or
strategic partnership—licensees contact us to request a release.
We then contact the licensor, and
if the release conditions are satisfied the source code is released. This scenario is often referred to as a traditional, on-premises
software delivery model, and it provides licensees with peace of mind in
knowing that even if the licensor’s circumstances change, their software’s
source code will be accessible to facilitate recreating, maintaining and
supporting related applications going forward.
Fast, convenient and secure escrow deposits
Iron Mountain’s Software Escrow Service offers secure physical and electronic vaulting
with real-time, online account management.
Physical depositing with Iron Mountain
offers secure transport and handling of assets for deposits that employ industry
best practices, coupled with Iron Mountain-developed security practices that
provide:
- Deposit Security — Tracks Chain-of-Custody from time of receipt to release of deposit.
- Storage Security — Prevents
unauthorized access to physical and electronic vaults.
- Facility Security — Adheres to Iron Mountain
fail-safe mechanisms that restrict access to the vault and materials.
- Deposit Retrieval Security — Release
deposit material only after material verification meets contractual
requirements.
Electronic depositing allows authorized users to send deposits
online to an Iron Mountain escrow account, enabling
rapid updating of accounts while saving time and money over traditional
shipping methods. Our simple, secure electronic depositing process utilizes
user-friendly SFTP technology to allow you to deposit assets in real time in
our ultra-secure underground facility. The resulting benefits of electronic
depositing include:
- Elimination of shipping delays
- No additional packaging, shipping and
third-party handling costs or logistics
- Protection of sensitive assets via
secure electronic transfer
- Immediate confirmation of deposits
- No charge for Iron Mountain
technology escrow customers
Advantages
for licensees
- Reduce the risks of licensing software
and, consequently, help to ensure business continuity
- Maintain control over decisions to
acquire new technology, through assurance that existing software will continue
to support your business
- Convenient and secure online account
management through Iron Mountain Escrow Management Center
- Access to the extensive range of Software-as-a-Service Escrow Solutions
Advantages for licensors
- Build trust with customers by
addressing technology protection concerns head-on with value-added escrow
services from the global industry leader
- Validate your ownership of technology
assets and intellectual property with a development audit trail
- Ensure user convenience and information
security with unlimited depositing, electronic depositing, secure destruction
of materials and automatic notification
- Convenient and secure online account
management through Iron Mountain Escrow Management Center
Advantages
for attorneys
- Help clients reduce risk and enhance
compliance through integration of Iron
Mountain Software Escrow Services as part of a comprehensive risk management strategy
- Entrust your clients’ interests to the
acknowledged global leader in the field
Customer-driven services
In addition to our Software Escrow and Software-as-a-Service
Escrow Services, Iron Mountain offers a range
of specialized, customer-driven solutions to both developers and licensees. Serving
as consultants, our team of experts will work
closely with you to assist with:
- Structuring escrow agreements that
reflect your unique needs
- Negotiating and reviewing contracts
- Inspection, processing and
documentation services
- Account monitoring and compliance