Storage vendor Seagate is to buy MetaLincS, an e-discovery company.
MetaLincs' technology will provide Seagate Services Group with an analytics engine complementary to its existing offerings for data archiving, recovery and collection, the company said. Seagate didn't disclose the deal's financial terms.
This is just the latest acquisition for Seagate in 2007. The company last year bought eVault, which sells online backup and archiving services to small- and medium-sized businesses.
Mark Grace, senior vice president and general manager of Seagate Services Group, said the company conducted a thorough investigation of e-discovery companies when considering which one to buy, but would not confirm whether it spoke with Stratify.
"There are dozens of companies that call themselves e-discovery," he said. "But we are particularly impressed with MetaLincs' efforts in this area. It's extremely fresh and current technology. I want to say the best."
Grace suggested the e-discovery market's potential size is large enough for both Seagate and Iron Mountain to thrive. "We think there's some room for some good brands to come in here," he said.
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