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Symantec acquires LiveOffice for online data archiving

Symantec said the $115 million-dollar deal boosts its e-discovery business and offer security and antispam capabilities for on-premise and hosted email.

Torrance, Calif.-based LiveOffice sells storage and e-discovery services for corporate email, social media and instant messaging communications. The company said it has approximately 20,000 customers in 50 countries using its online data archiving services.

Symantec said the acquisition will allow it to offer customers a choice between on-premise, cloud or hybrid delivery of Symantec products. LiveOffice enables data retention and gives employees Web-based access to email and other data. Symantec said the acquisition would give its customers the option to buy archiving services to index, classify and retain information for e-discovery. 

LiveOffice works with Symantec’s newly acquired Clearwell E-Discovery Platform, which is being configured to have the ability to collect information directly from Symantec Enterprise Vault. Symantec said the integration of Enterprise Vault and Clearwell can avoid archive performance degradation and streamline processes to help organizations make legal and regulatory deadlines.

Symantec said customers can export information from LiveOffice to the Clearwell eDiscovery Platform where it is collected along with information from Enterprise Vault and other data sources for processing, analysis, early case assessment and review.

Symantec said it also plans to integrate LiveOffice with its cloud-based email security and management capabilities. The integrated product will provide email security for both on-premise and hosted email.

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