Symantec Clearwell eDiscovery Platform
MOUNTAIN VIEW, CA--(Marketwire - Mar 27, 2013) - Symantec Corp. ( NASDAQ : SYMC ) nowadays said that 25 diverse situation govt purchasers stand bought the Clearwell eDiscovery Platform, now from Symantec, including the situation of Alaska, the situation of Ohio and the situation of Delaware.
many of these customers stand discovered divergent functions and utilize cases for the multifaceted answer. within the situation of Alaska, the attorney celebrated and the department of legislations are the usage of the Clearwell eDiscovery Platform for accepted litigation aid.
different consumers are leveraging the Clearwell eDiscovery Platform's advanced analytics in an investigative talent to fight Medicare fraud, whereas extra consumer implementations are being pushed through environmental, public security, and securities utilize cases.
furthermore, a pair of shoppers, including the situation of Ohio and the situation of Delaware, might breathe coupling the Clearwell eDiscovery Platform with Symantec's business Vault archiving product. other purchasers had been able to integrate the Clearwell eDiscovery Platform with still extra options in Symantec's wide portfolio.
"We commend the toil being carried out via the situation of Alaska, the situation of Ohio, the situation of Delaware, and others," famous Gigi Schumm, vice chairman and accepted manager, Public Sector, Symantec. "We're blissful to see so a mighty deal abysmal integration into their shoppers' workflow and such diverse utilize circumstances for Clearwell. Their public sector valued clientele deserve an eDiscovery device with both flexibility and interoperability. The Clearwell eDiscovery Platform's broad-primarily based capabilities are a testament to Symantec's government dedication."
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forward-looking STATEMENTS: Any ahead-searching indication of plans for products is preliminary and total future unencumber dates are tentative and are domain to change. Any future unencumber of the product or planned adjustments to product means, functionality, or duty are discipline to ongoing evaluation by course of Symantec, and might or might also no longer breathe implemented and should now not breathe considered company commitments by using Symantec and will not breathe relied upon in making procuring choices.
Symantec, the laptop software security massive, has introduced that it will breathe acquiring commercial enterprise-class eDiscovery management platform maker, Clearwell techniques for $390 million.
Symantec is doubtless top-quality common for its generally proliferated (possibly even ubiquitous) Norton protection items, however of late it has been making a play at eDiscovery platforms, a strategic circulate, considering that Gartner values the market at around $1.7 billion, and is expected to develop at an annual expense of 14 p.c. What’s extra, Symantec spent $2 billion ultimate yr in acquisitions, $1.25+ billion of that coming in its acquisition of VeriSign, Inc.
while the business’s stock languished ultimate yr, and shareholders and greater pushed for the company to execute up, Symantec has pushed on. Symantec expects Clearwell to enhance the company’s capability to give its customers with archiving and backup functions, due to the fact that that Clearwell is among the more generic counsel administration platforms obtainable. I suggest, whats up, it was value $390 million. Symantec’s acquisition should still additionally reduce the period of time and latency for getting essential counsel to its purchasers.
“Archiving and eDiscovery are two vital features of information governance,” referred to Aaref Hilaly, president and chief government officer, Clearwell techniques, in a statement. “by using joining forces and mixing the business’s leading archiving solution with the industry’s main eDiscovery solution, they should breathe uniquely placed to bring a seamless, built-in tips governance workflow, benefitting each Symantec and Clearwell valued clientele.”
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