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.
Fresh from its acquisition of eDiscovery and analytics company Recommind, OpenText has announced an agreement to acquire Guidance Software, makers of EnCase forensic and security tools.
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.
The OpenText press release about this is here and the equivalent from Guidance Software is here.