Today's Transactions: Advisor Square Sold to Smarsh

June 18, 2012Article
Mergers & Acquisitions

Web and email archiving service Smarsh purchased Torrance, Calif.-based AdvisorSquare from security software maker Symantec Corp. Terms of the deal were not disclosed.

This is the second deal for Smarsh this year. The Portland, Ore.-based firm picked up a web-archiving startup, Perpetually LLC, in May for an undisclosed price.

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