Zix Corporation Acquires Erado

Zix Corporation has acquired Seattle-based Erado, a provider of unified archiving, supervision, eDiscovery and analytics, to expand Zix’s cloud-based archiving, compliance and messaging solutions—particularly for regulated financial services customers. Erado serves more than 18,000 customers and the acquisition is expected to add approximately $1.5 million in subscription revenue in 2018 while enabling broader compliance and multi-channel archiving capabilities for Zix’s customer base.