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Content archiving applications vendor Zantaz has acquired privately-held Singlecast for an undisclosed sum.
Singlecast makes electronic data classification, policy management and supervision technologies software, which complement Zantaz's existing applications in e-mail and instant message (IM) archiving and electronic discovery.
Zantaz said Singlecast's software will provide users with enhanced workflow, review and electronic data control functionality to monitor incoming and outgoing e-mail and IMs.
Zantaz has already been licensing compliance review tools from Singlecast for its Enterprise Archive Solution (EAS) and First Archive tools, so it expects to be able to integrate the new applications seamlessly.
Using the new classification applications, companies will be able to classify data before it is stored in a Zantaz content archive.
This will help companies implement uniform retention policies and meet the more stringent discovery timeframes set out in recent changes to the Federal Rules of Civil Procedure (FRCP), as well as simplify archiving decision-making.
Zantaz CTO Roger Erickson said that most Singlecast customers have been in financial services, where communications are highly regulated by both government and corporate policies.
According to Enterprise Strategy Group analyst Brian Babineau, however, this technology is applicable to companies in other verticals as well.
"A highly organized archive with automatic categorization of e-mail at the point of creation or delivery is critical for companies across all industries not just those that are regulated."
Erickson said that Zantaz also intends to use the data classification technology to help companies reduce the size of e-mail archives, thus reducing cost.
"We can apply tagging information in order to do more intelligent archiving," he said.
The Enterprise Strategy Group estimates that e-mail archives will grow at a compound rate of 68 percent per year.
Zantaz has added to its application suite through acquisition in the past, acquiring litigation support software vendor Steelpoint Technologies in 2004.
Article courtesy of Internet News