UNICOMÂ GlobalÂ will soon provide cloud-based secure file sharing and data protection services to customers following its acquisition Memeoâs data management software for an undisclosed cash amount, UNICOM Global President and CEO Corry Hong said.
âMemeo has created the Memeo C1 solution to deliver secure file sharing in the cloud or on-premise, with the enterprise-hardened tools to administer full security and audit capabilities businesses require, â Hong said Monday.
âWith demand exploding in businesses throughout the world to enable secure data access and collaboration, the Memeo C1 solution breaks away from consumer-based approaches such as Dropbox or Box to provide the real solution enterprises need, â he added.
Silicon Valley-based Memeo has sold more than 70 million software licenses worldwide since it was founded in 2003.
The Unicom Systems division will absorb Memo’s engineering team, its C1 technology, online backup and send products.
Memeo C1 features security and other encryption techniques that are intended to comply with HIPAA and other standards.
The product is built to run on private, hybrid or public clouds on any platform or device.