HP to Acquire Tower Software

Apr 04, 2008

HP and Tower Software announced that they have signed a pre-bid agreement for HP to acquire Tower, a document and records management software company. The deal is intended to enable HP to expand its offerings in the electronic discovery and compliance software market. The acquisition of Tower will add electronic records management to HP Software's existing e-discovery and compliance capabilities in information collection and retention. This includes both records management and identification. Under an existing alliance between the companies, Tower TRIM Context has been integrated with the HP Integrated Archive Platform to provide customers with a combined records management and compliance archiving solution.