Microsoft Corporation acquired Equivio, a transaction announced in January 2015.
Equivio operates in Office Product Group (Office 365 eDiscovery / compliance). Equivio provided machine-learning technology for eDiscovery and information governance, helping organizations sift through large volumes of email and documents for legal and compliance purposes. Microsoft acquired it to make the eDiscovery and governance capabilities in Office 365 more intelligent and easier to use.
Enhance Office 365's eDiscovery and information-governance tools with machine learning to handle growing data volumes.
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.Rajesh Jha, Executive Vice President, Office Product Group, Microsoft
Advisory firms were not disclosed for this transaction.