Smarsh Inc. has purchased MobileGuard Inc., a company that monitors compliance over mobile communications, for the target's complementary technology. Financial terms of the deal were undisclosed.
MobileGuard, based in Raleigh, North Carolina, provides text message compliance and secure message archiving services for the regulated and public sector industries. In addition to text messages, the target monitors voice, email, multimedia, social media and secure chat messages. MobileGuard has formed partnerships with tech giants such as Verizon Communications Inc. (NYSE: VZ), International Business Machines Corp. (NYSE: IBM), AT&T Inc. (NYSE: T), and Sprint Corp. (NYSE: S).