Iridium Technology acquires Decision Pace legal industry software division
Iridium Technology announced today that they completed the purchase of the legal industry division of Decision Pace Inc. Jay Moeller, the former CEO of Decision Pace, has already joined Iridium in the position of Director - Project Management Office. All Decision Pace clients are now by Iridium staff and have the option to migrate onto the Iridium BI products. All Iridium BI modules will be made available to the Decision Pace clients: Revenue, Profitability, GL+Expense, and Matter Budgeting/Tracking. Both cloud deployment and on-premise deployment will be fully supported. This is a private transaction, and financial terms have not been disclosed.
“This is a win/win scenario for both Iridium and the Decision Pace clients,” states Tom Jones, CEO of Iridium Technology. “We welcome the Decision Pace clients into the Iridium family, and we are pleased to make our entire BI suite available to them. We will work closely with these new clients to make sure that their legal BI requirements are fully supported going forward. Additionally, I am incredibly pleased to have Jay Moeller joining the Iridium team. Over the past 30 years Jay and I have been both partners and competitors, but more importantly, we have always been great friends. Moeller brings extensive legal BI and project management experience to his new role. He has been tasked with leading Iridium’s Project Management Office and will be managing implementations of Iridium BI for our clients throughout North America. Jay will also continue in his project management role for all the Decision Pace clients.
“I am pleased to be joining the team at Iridium,” states Jay Moeller, former CEO of Decision Pace. “Tom and his team have built an incredible company with market-leading products. I am excited to bring my experience and enthusiasm for legal BI to the Iridium clients, and I am pleased that we can offer a vibrant BI future to the Decision Pace client base. Tom and I started our journey with legal BI when we launched Icon Technology together back in 1996. It is great to see that we have come full circle, and Jones and Moeller are back working together again."
About Decision Pace
Decision Pace Inc. makes an agile light footprint BI development platform businesses and software developers alike leverage to quickly and cost-effectively produce nearly any analytic deliverable. It comes with pre-built integration to most leading legal industry applications and best practice dashboards to jumpstart BI development efforts.
About Iridium Technology
Iridium Technology is a global firm specifically focused on business intelligence (BI) for legal and professional services firms. More than 80 global law firms ranging from 40 to 3000+ timekeepers have signed up for our products. Your firm is making a significant investment in business intelligence applications; our mission is to make sure that you receive maximum value for your BI investment. We are “living and breathing” business intelligence and cube-based analytics for law firms every hour of every day. It is our passion and our mission. Our motto summarizes it clearly: Business Intelligence for Law Firms. Period.