Microsoft announced it agreed to acquire Equivio, an Israeli-based startup that harnesses machine learning to sort large amounts of data into relevant groups.
“We are making this acquisition to help our customers tackle the legal and compliance challenges inherent in managing large quantities of email and documents,” said
“Microsoft is serious about providing customers with tools to manage the legal and compliance requirements that are key to responsible business practices. Office 365 includes robust eDiscovery and information governance capabilities today, and we’ll use Equivio’s machine learning technology to make these vital tools even more intelligent and easy to use in the months ahead,” Jha adds.
Microsoft paid $200 million for its previous acquisition of Aorato, which raised $10 million in January 2014.
Latest posts by B2BNN Newsdesk (see all)
- A Love Affair With Account-Based Marketing - February 27, 2017
- Merger & Acquisition Digest - February 26, 2017
- DXagents Consortium Targets Digital Transformation in Canada - February 24, 2017