Security champ Symantec makes a play for the cloud with $115M purchase of LiveOffice

LiveOffice primarily helps companies archiving e-mail in the cloud, ensuring that they always have access to important communications. If a company’s e-mail client goes down, for example, its employees can still send and receive messages. The company’s archiving, hosting and compliance solutions will bolster Symantec’s popular security products like Norton AntiVirus and give it more clout as a cloud service provider.