technology escrow

Technology Escrow Services

It’s not only about trust. It’s about intelligent risk management.

As the world’s largest and most experienced provider of technology escrow services, Iron Mountain helps more than 90% of the Fortune 1000 safeguard their investments, mitigate risk and maintain control over key software and intellectual property assets

A technology escrow agreement works much the same way as an insurance policy. When two parties enter into a licensor/licensee relationship, the source code for the technology in question is deposited into an escrow account that ensures:

• Licensors have a trusted partner who will securely hold onto the source code and release it only under very specific and controlled conditions
• Licensees may gain access to the source code for mission-critical software and other technologies should the licensor/developer no longer support it for any reason

Iron Mountain created the technology escrow industry in 1982 to help companies protect software source code, object code, data and other valuable technology assets. Today, we are the world’s leading provider of intellectual property management services, with a comprehensive range of Software Escrow, Software-as-a-Service (SaaS) and Domain Name Records Management Solutions.

Of course, escrow is just a part of the solution. Studies have shown that 80-90% of all technology escrow deposits are incomplete—which is why Iron Mountain complements our Escrow Services with the industry’s most advanced Escrow Verification Services. Our trusted experts validate that the escrowed technology includes all the components necessary to read, recreate, maintain and support applications if there is ever a need for a deposit release. In short: verification makes sure that what you’re paying to escrow is what you actually need.

With Iron Mountain, your organization can benefit from:

• Access to the infrastructure, resources and expertise of the world’s most trusted provider of escrow services
• A single point-of-contact for all your escrow needs
• Solutions that protect developers, licensees, SaaS providers and subscribers alike
• Comprehensive services tailored to meet your unique needs and requirements
• Consulting services to assist you at every stage of the escrow process, safeguard your interests and help you maintain control
• User-friendly service features including electronic depositing and deposit verification
• Iron Mountain Escrow Management Center, an online tool for easy access and real-time management of all your escrow accounts

When you need help—call on Iron Mountain’s Intellectual Property Management Consulting Services

Iron Mountain offers consulting services to help our clients with the planning and implementation of technology escrow solutions and best practices.

Labels: