Symantec Corp. has announced it will acquire Clearwell Systems Inc. The Symantec acquisition will lead to the integration of Clearwell’s E-Discovery products and Symantec’s Data Loss Prevention (DLP) and other products.
Currently, Symantec has more than 60,000 channel partners around the world. Clearwell has approximately 75 channel partners, including reseller partners and service providers. Many of Clearwell’s partners are also Symantec partners.
The two vendors have not decided how their channel partner programs will work together, but they expect the details affecting their respective channel programs to be ironed out in the coming months. “We feel confident in our ability to successfully integrate the channel partners of the two organizations when the deal is finalized,” said Brian Dye, vice president of the Information Management Group at Symantec.
Symantec expects the acquisition will lead to the integration of Clearwell’s e-discovery products with Symantec’s DLP, Data Insight for Storage and NetBackup products. For example, the data classification technology found in Symantec DLP will likely be added to Clearwell’s e-discovery products, Dye said.
Symantec DLP monitors where data goes and enforces security policies to protect the data from leaving the enterprise. Clearwell’s E-Discovery Platform defines the owners of data, assigns access levels to the data, and catalogs the data based on rules of use and ownership.
“Customers who already utilize Symantec DLP will find the same policies for confidential data can be directly reapplied into the Clearwell solution,” Dye said. “This gives customers the benefit of consistent classification and organization of their data, whether that customer is in the legal team or in the IT security team.”
The two vendors have a history of cooperative efforts. According to previous Clearwell press releases, several customers have already integrated Symantec Enterprise Vault for document archiving with Clearwell’s E-Discovery platform.
Both vendors are headquartered in Mountain View, Calif. The acquisition, which was announced May 19, 2011, is expected to be completed by September 2011.
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