Veritas Acquires Globanet, Extending Its Leading Electronic Compliance Portfolio

New capabilities will empower shoppers to see, act on extra resources of information than at any time

SINGAPORE, Sept. 29, 2020 /PRNewswire/ — Veritas Systems, a worldwide chief in details protection, availability and insights, right now declared that it has obtained Globanet, a privately held software package organization centered in Los Angeles, California. The acquisition even more extends Veritas’ robust portfolio of electronic compliance and governance choices to give shoppers indigenous visibility into around 80 new articles sources. Globanet offers extensive compliance and smart communications solutions to enterprises, such as Globanet Merge1™.

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As electronic transformation accelerates, the explosion in facts has made compliance troubles for enterprises, specifically those with remote personnel. Raising regulations, ransomware threats, and facts complexity have designed facts governance a strategic essential for enterprise. To assure compliance and successfully reply to lawful inquires, it is necessary for present-day businesses to type, explore, and act upon details speedily.

“By integrating Globanet’s technology into our digital compliance portfolio, we’re earning it easier for Veritas buyers to come across and act on extra of their info, no make a difference where by it lives,” said Greg Hughes, CEO, Veritas. “Present-day announcement accelerates and strengthens our eyesight for the Veritas Organization Info Providers System and increases its environment-class compliance abilities. No make any difference what communications and details administration system our consumers use, we permit them to optimize and watch all their content as it moves from backup to archive to discovery.”

Currently, Veritas has in excess of 10,000 customers throughout the world for its digital compliance portfolio. Veritas is also #1 for market share by profits for 2019 in the Archive Computer software Current market.[1] Globanet’s technological know-how will improve the capabilities of Veritas’ archiving and e-discovery choices by incorporating the capability to natively capture, classify, keep track of, and find in opposition to far more resources of content than at any time prior to. It will:

  • Give prospects visibility and allow them to act on more than 80 new content resources, like Microsoft Groups, Slack, Zoom, Symphony, Bloomberg and far more

  • Simplify discovery and lifecycle management with richer content material capture that demonstrates archived articles in a nearer to indigenous look at

  • Provide comprehensive seize of Microsoft Business office 365 content resources along with all other communication and file sources employed by Veritas customers

  • Enrich metadata with Veritas’ industry-primary classification engine throughout around 80 written content sources

“Quite a few Veritas buyers presently choose gain of Globanet Merge1 to accumulate more content material sources and append communications compliance into their knowledge archiving abilities,” stated Sevag Ajemian, president and CEO, Globanet. “We are fired up to join the Veritas loved ones and create a richer integration in between our items and Veritas’ details governance answers.”

The Veritas Company Data Services System is reason-created to deal with modern-day-day prerequisites to allow buyers to get really accessible applications, often guarded and recoverable data, and insights that drive operational effectiveness and regulatory compliance. Today’s announcement represents another vital milestone in Veritas’ ongoing investment in this unified system by doubling down on entire world-course digital compliance abilities.

For more information, remember to see this FAQ. Veritas is not disclosing the monetary phrases of the acquisition.

[1] Source: Gartner Marketplace Share: All Computer software Marketplaces, Around the globe, 2019. April 2020

About Veritas

Veritas Technologies is a international chief in details protection, availability and insights. About 80,000 customers—including 87 p.c of the Fortune World-wide 500—rely on us to summary IT complexity and simplify details management. The Veritas Organization Facts Companies Platform automates the security and orchestrates the restoration of knowledge everywhere you go it lives, guarantees 24/7 availability of business enterprise-vital purposes, and presents enterprises with the insights they will need to comply with evolving details regulations. With a reputation for dependability at scale and a deployment model to in shape any need, Veritas Business Details Expert services System supports a lot more than 800 different information resources, about 100 distinct running techniques, a lot more than 1,400 storage targets, and additional than 60 diverse cloud platforms. Understand a lot more at Abide by us on Twitter at @veritastechllc.

Ahead-searching Statements: Any ahead-hunting indication of designs for goods is preliminary and all future release dates are tentative and are matter to change at the sole discretion of Veritas. Any foreseeable future release of the product or prepared modifications to merchandise ability, features, or characteristic are issue to ongoing evaluation by Veritas, may or could not be implemented, really should not be thought of agency commitments by Veritas, must not be relied on in making getting choices, and may not be included into any contract.

Veritas, the Veritas Symbol, NetBackup and Merge1 are trademarks or registered emblems of Veritas Systems LLC or its affiliates in the U.S. and other countries. Other names may be emblems of their respective entrepreneurs.

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