Security and storage giant Symantec has
announced the acquisition of cloud email archiving company
LiveOffice. The acquisition price was $115 million. LiveOffice is a SaaS provider of email archiving, compliance and hosting. In addition to providing cloud based email archiving, LiveOffice also archives email which is on-premise. By hosting email archives with LiveOffice, customers can migrate from their current provider to a cloud provider without having to deal with the possibility of losing sensitive information.
Source: http://feedproxy.google.com/~r/Techcrunch/~3/GiNfx7tCcrY/
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