GFI Software, an international developer of network security, content security and messaging software, announced a strategic technology acquisition last week that will allow the company to achieve a steeper growth curve in the expanding e-mail archiving market.

This technology will allow GFI to extend the functionality of its e-mail archiving solution, GFI MailArchiver and to service a much larger customer base.

GFI MailArchiver is one of the leading e-mail archiving products on the market, giving SMB customers excellent performance at a price that takes into consideration the average SMB’s limited IT spend and budget.

Through the acquisition of XEmplifyIT’s technology, GFI will now be in a position to serve a much larger customer base and offer additional functionality – such as the migration of cumbersome PST files into GFI MailArchiver and auditing – yet without raising the price proportionally.

The e-mail archiving market is experiencing rapid growth for various reasons: Companies need to heavily reduce the amount of space required to store e-mails as well as reducing their reliance on PST files, they need to ensure central archiving of all company e-mail, and they have to meet strict and varied compliance regulations such as Sarbanes-Oxley in the US.