Smarsh Completes Acquisition of IM Archiving Leader Presensoft
Customers gain enhanced archiving support for growing list of digital content

PORTLAND, Oregon, Feb. 3, 2015 - Smarsh®, the leading provider of hosted archiving solutions for compliance and e-discovery, today announced that it has completed the acquisition of Presensoft, a pioneer in cloud-based enterprise messaging compliance solutions. Presensoft offers archiving solutions used to enforce corporate security and compliance policies for instant messaging and other content types.

With this acquisition, Smarsh will leverage the acquired intellectual property to offer its global customer base support for additional messaging types, including Microsoft Skype and QQ, within its Archiving Platform. Integration of Presensoft services will also enable Smarsh to enhance current archiving support for public instant message channels like AOL Instant Messenger, Yahoo! Messenger and more, Microsoft Lync, ICE Chat, Pivot, and Bloomberg.

“Presensoft is a long-time partner of ours that offers best-in-breed archiving solutions in a growing segment of our business,” said Smarsh CEO and founder Stephen Marsh. “This acquisition aligns with our strategic imperative to enhance the Archiving Platform’s support for as many content types as possible, while capturing and storing the content in purpose-built ways for simplified and streamlined supervision and e-discovery.”

According to the Smarsh 2014 Electronic Communications Compliance Survey Report, the number of electronic messaging channels that firms allow employees to use for business purposes has nearly doubled in the past three years. For organizations in highly regulated industries like financial services and energy, there is a need to augment the collaboration and amplification benefits of new communication channels with solutions to meet regulatory and statutory retention and oversight requirements. 

Rather than addressing the governance requirements that come with each new messaging platform with individual point solutions, customers are turning to holistic solutions like the Smarsh Archiving Platform. The platform enables customers to leverage the same governance policies, supervision procedures and e-discovery functionality across their entire archive, including email, instant messaging, social media, mobile/text messaging and web content.

About Smarsh (www.smarsh.com)

Smarsh® delivers cloud-based archiving solutions for the information-driven enterprise. Its centralized platform provides a unified compliance and e-discovery workflow across the entire range of digital communications, including emailpublic and enterprise social mediawebsitesinstant messaging and mobile messaging. Founded in 2001, Smarsh helps more than 20,000 organizations meet regulatory compliance, e-discovery and record retention requirements. The company is headquartered in Portland, Oregon, with offices in New York City, Atlanta, Boston, Los Angeles and London.

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