Symantec Boosts E-Discovery Package By Acquiring Clearwell Systems
Symantec Corporation (NASDAQ: SYMC) is looking to boost its current archiving and e-discovery package with the acquisition of e-discovery specialist, Clearwell Systems. As reported on eWeek, data storage and protection provider Symantec will acquire Clearwell Systems for $390 million and integrate it with its own Enterprise Vault eDiscovery product.
"Clearwell's platform comprises several modules. The Processing and Analysis Module provides features such as Transparent Search, discussion threads and people analytics that enable users to accelerate early-case assessment, defensibly eliminate irrelevant documents and false positives (that's where the "intelligence" comes into play), and rapidly perform a first-pass review, Clearwell Vice President of Products and Marketing Kamal Shah told eWEEK.
"The Review and Production Module enables reviewers to view all related documents in context, perform one-click tagging, redact documents and apply reason codes, increasing review throughput and consistency, Shah said."