The once-straitforward business of eDiscovery has extended its reach, its software and its skills into related areas, embracing ever-wider concepts of information management. As it has done so, the market has seen increasing consolidation as bigger companies buy smaller ones or equals merge.
The acquisition will complement and expand OpenText Discovery which already embraces search, the extraction of data, its classification, and its review and analysis. It will also be a boost to the OpenText’s information security capabilities by the addition of Guidance Software’s long-standing and respected forensic security and endpoint solutions.
In addition, Guidance Software has a broad user-base in corporations, regulators, law enforcement and government.
The transaction is expected to close in the third quarter of 2017.