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Thursday, July 14, 2011

Symantec Buys Data Backup Firm Clearwell Systems, Partners with Security Firm SMX

By Nicole Henderson,July 11, 2011

Clearwell Systems is now part of Symantec
(WEB HOST INDUSTRY REVIEW) -- Security firm Symantec (http://www.symantec.com/) made two announcements on Monday, including the completion of an acquisition of data backup and archiving firm Clearwell Systems (http://www.clearwellsystems.com/) and a partnership with cloud-based email security firm SMX Limited (http://www.smxemail.com/).
According to the press release, Clearwell's archiving, backup and eDiscovery solutions provide customers with cost-savings and reduce risks while providing litigation, investigations and regulatory compliance.

Symantec says this acquisition will provide future product integration opportunities with Symantec backup and security. Last year, Symantec acquired VeriSign's security business.

“With this acquisition, we will help customers reduce costs across all phases of information management for litigation, investigations and regulatory compliance,” Deepak Mohan, senior vice president, Information Management Group, Symantec said in a statement.  “By adding Clearwell’s market leading eDiscovery solution to Symantec’s information management portfolio, we further increase Symantec’s ability to get the right information, to the right people, at the right time.”

The amount of the acquisition was not disclosed by the companies.

Symantec's partnership with SMX will integrate Symantec's Brightmail software into the SMX anti-spam and anti-virus cloud-based solution, according to a separate press release.

SMX anti-spam and anti-virus solution is designed for large international systems integration vendors and ISPs.

Jess Ball, SMX co-founder and CEO, says the partnerrship is an opportunity to deliver a world class cloud-based email security service that is deployed on a customer's own infrastructure.

"The demand for partners to offer cloud-based services is growing at a rapid pace. Symantec is focused on providing its partners with superior value, market leading technologies and sustainable revenue opportunities to help meet this demand," David Dzienciol, vice president, SMB and Channels, Asia Pacific and Japan, Symantec said in a statement. "The SMX partnership demonstrates how partners can leverage Symantec's technology to deliver innovative new cloud-based services offered by international system integrators and ISPs."

Launched in 2006, SMX is growing rapidly in emerging markets including India and Southeast Asia, according to the press release.