Smarsh Acquires Digital Safe Product Line from Micro Focus
November 3, 2021
Smarsh acquired the Digital Safe product line from Micro Focus, including the customer base, technology and approximately 400 subject-matter experts, to expand its electronic communications archiving, compliance and e-discovery capabilities. The transaction, announced November 3, 2021 and completed following regulatory approval on February 1, 2022, strengthens Smarsh's scale and global footprint for regulated multi-national customers, particularly in financial services and government.
- Buyers
- Smarsh
- Targets
- Digital Safe (product line)
- Sellers
- Micro Focus
- Industry
- Software
- Location
- England, United Kingdom
- Transaction Type
- Divestiture
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