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  Feb 18, Daily Messaging, Collaboration, Compliance News
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Daily Digest: February 18, 2010
 
 
 
Archiving, E-Discovery, & Compliance

OmniTRAX Reduces eDiscovery Time from Days to Just Minutes with Mimosa's Integrated Content Archiving Solution
One of the Largest Short Line Railroads in North America Benefits from eDiscovery, Recovery and Storage Optimization Out-of-the-Box with Mimosa NearPoint

Computershare Turns to Symantec Data Loss Prevention Solution to Secure Critical Shareholder Data
Symantec DLP enhances corporate administration provider's premium service and helps ensure it meets more stringent compliance and privacy requirements

Email, Messaging & Collaboration

Apptix Signs 100,000 Seat Hosted Exchange Email Contract
National Healthcare System deal cements Apptix's leadership position in hosted Exchange market

Intermedia Launches SecuriSync, Secure File Syncing Beta Program
SecuriSync enables users to safely share files across home, work computers

Open-Xchange Announces Agreement with Bull Germany to Offer Hosted Groupware
IT service provider Bull to Deliver E-mail and Groupware as Software-as-a-service and On-premise Solution

Exclaimer Launches Email Disclaimer Tool for Exchange 2010
Exclaimer Mail Disclaimers provides automated disclaimer and marketing functionality to users of Exchange 2010

Metalogix Announces New Solution to Migrate Blogs to SharePoint 2010 – Free to Microsoft MVPs
Metalogix Migration Manager for Blogs Allows Microsoft Community to Migrate Blogs to SharePoint 2010

Blog Item(s)

Cloudmark Acquires Bizanga

Anti-spam vendor Cloudmark announced it has acquired Bizanga, which provides messaging software for service providers.

Comments:

  • Helps Cloudmark offer a fuller messaging solution to service providers. That makes sense.
  • Bizanga executed well in a very difficult, highly competitive market.
  • It succeeded in getting some major, high-visibility clients, including Cox Communications.
  • Bizanga investors had extremely high revenue expectations that were probably always unrealistic.
  • Bizanga had taken about $12M in three rounds between 2003 and 2009. The company achieved a lot with that--most others would have eaten through much more.
  • Purchase value guesstimated at $5M to $20M. Bizanga revenues estimated at perhaps $3M or $4M annually; Bizanga never really got into profitability.
  • Very unlikely that investors got a decent return; at best they'll have gotten their money back.
  • Bizanga was a delightfully classy operation, reminding us that Man does not live by bread alone. Its gourmet dinners are fondly remembered by anyone lucky enough to have been invited (including your current interlocutor); its customers-and-us souvenir photo albums were also strikingly elegant.

Does anyone have hard information on the deal cut, and Bizanga's P&L prior to the transaction? Please post here or email david.ferris@ferris.com if you can help--anonymity obviously respected if you want anonymity. Thanks! ... David Ferris

(Comments?)

About Ferris Research

Messaging. Collaboration. Compliance. Ferris Research analysts bring more experience in these areas than any other firm. Period.

Major areas of interest are email, spam and malware control, archiving, e-discovery, information leak prevention, unified communications, instant messaging, SharePoint, and mobile communications. We help:

  • IT staff evaluate, implement, and maintain these technologies
  • Vendors understand the marketplace and its technologies; explain their products or services to the marketplace; and find strategic partners, raise funds, or sell their company
  • Investors find and evaluate investment opportunities

We've been in business since 1990-longer than any other analyst firm in our field:

  • Clients include many of the world's largest organizations as well as computer vendors from major corporations to small startups.
  • We have published more than 200 formal reports and 1,100 short bulletins.
  • Our news service has approximately 10,000 readers and covers more than 2,000 highly specialized announcements annually.
  • Our research team shares many decades of experience in our core competencies.

In short, our technology and industry depth helps you understand today's products, where they've come from, where they're going, and their value.


Have news you want to share with us or product or interest area that you would like us to cover? Send press releases to releases@ferris.com.

Copyright © Ferris Research 2009.


 


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