The steady drumbeat of acquisitions in the security industry continues, with the latest deal being Proofpoint’s purchase today of email archiving provider Fortiva. The deal is another indicator of the shift toward on-demand security technologies. Proofpoint already offers its email security product as a hosted service, and Fortiva has an on-demand archiving service, as well. Although Proofpoint is probably best known for its email security appliances, which perform anti-spam, antivirus and DLP tasks, it also has a few on-demand offerings, it has been moving into the on-demand world as well.
The companies did not disclose the financial terms of the deal. But, they did say that the development and support for Fortiva’s products will stay in Toronto, and that it will continue to be sold through the channel. Email archiving has become a hot topic of late as e-discovery has come to the fore, and the on-demand model has advantages for companies without the money or capacity to store all of their email on their own premises.