Veritas' acquisition of Globanet is a strategic move that enables Veritas to extend its Digital Compliance portfolio. Globanet is a global leader for compliance solutions that enable customers to streamline compliance with global regulatory requirements and capture content from over 80+ data sources.
Globanet offers compliance solutions and associated services. The Globanet portfolio is comprised of five products:
Merge1™: Easily archive all your communications for compliance and delivery.
Balance: Patented intelligent load balancing for journaling infrastructures.
Classify: Selectively re-classify, report, or delete data based on very specific criteria.
Migrate: Data migration software that seamlessly moves data between on-premise and cloud-based archives.
EV Health Check: Automated archive analysis and reporting tool for Veritas Enterprise Vault.
Globanet’s technology will strengthen the capabilities of Veritas’ archiving and e-discovery offerings by adding the ability to natively capture, classify, monitor, and discover against more sources of content than ever before. It will:
Give customers visibility and enable them to act on over 80 new content sources, including Microsoft Teams, Slack, Zoom, Symphony, Bloomberg, and more
Simplify discovery and lifecycle management with richer content capture that shows archived content in a closer to native view
Offer complete capture of Microsoft Office 365 content sources along with all other communication and file sources used by Veritas customers
Enrich metadata with Veritas’ industry-leading classification engine across over 80 content sources
For additional information, please see this FAQ. Veritas is not disclosing the financial terms of the acquisition.