January 18, 2012 – Symantec announced the acquisition of one of its archiving partners in an effort to strengthen its e-discovery and unstructured data governance offerings, particularly in the cloud.
Symantec, a security, backup and storage provider, stated it had bought privately held LiveOffice for $115 million in a deal announced alongside the release of a new information governance solution. LiveOffice offerings focus on storage, governance and compliance with email as well as unstructured information from social media and file sharing. LiveOffice was Symantec’s hosted archiving OEM partner for its Microsoft email service, Enterprise Vault.cloud.
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