Smarsh, the capture, archiving and communications analysis provider for many financial services firms (and across several other industries), announced it is acquiring TeleMessage, a well-known mobile messaging, voice capture and archiving firm.
Terms of the deal were not disclosed. This continues a multi-year growth-through-acquisition trend at Smarsh, which acquired the Digital Safe archiving and risk management product line from the large multinational software firm Micro Focus for $375 million in November.
Just days before that announcement, Smarsh cybersecurity subsidiary Entreda announced its acquisition of Privva, a cyber-risk assessment firm. Smarsh had acquired Entreda in May 2020 followed a few months later by artificial intelligence pioneer Digital Reasoning in November.
“Highly regulated firms have always needed to capture and retain their digital communications for regulatory compliance, legal discovery, and to protect their brand,” said Goutam Nadella, chief product officer at Smarsh. Nadella joined the firm a little over…
