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An online data room, also known as a virtual data room is used to share and secure documents. These rooms are commonly used to speed up the due diligence process in M&A transactions by making it easier to access vital information for both parties. Online data rooms are hosted on the internet and therefore, stakeholders

When choosing a virtual room provider, companies should consider their current and future needs. They should select the type of VDR that can meet their future and current needs in terms of features, functionality and ease of use price and user experience. It is also important to determine if the VDR will be compatible with