Symantec Moves Further Into E-Discovery With Acquisition

Adding Clearwell Systems' platform will bolster its Enterprise Vault product.

Symantec agreed to acquire Clearwell Systems on Thursday for $390 million, in a move that adds electronic discovery tools to Symantec's offerings.

Clearwell has more than 400 customers and 75 partners in 14 countries. It's e-discovery platform is a well-regarded product in the fast growing e-discovery space, and Symantec's move will add to its previous (although somewhat basic) e-discovery product called Enterprise Vault. Enterprise Vault is primarily an archiving and assessment e-discovery tool.

Clearwell's product will give Symantec end-to-end e-discovery capabilities by addressing the electronic discovery reference model (EDRM) areas of preservation, identification and collection, processing and analysis, review and production, and case management and reporting.

"Clearwell brings the full end-to-end EDRM," said Brian Dye, VP of Symantec's information management group, in an InformationWeek interview. "We only had the first part--literarily the information governance side and though our archiving technology the ability to capture the information and store it effectively. We had some early case assessment, but the rest of the legal review and processing capability is what Clearwell brings."

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Source: informationweek.com
By: Chandler Harris