Plotted by close date where disclosed, otherwise announcement. Select any marker to jump to the deal entry.
Three patterns show up across OPEN TEXT's deal book — what the team buys, how it pays, and how it integrates. The patterns are the throughline; the deals below are the evidence.
22 acquisitions. Each entry carries the deal value, financing structure, target revenue, executive commentary, and the original SEC filing — the evidence behind the patterns above.
Hummingbird was a Toronto-based provider of enterprise content management software with a historic presence in the legal and government verticals. OpenText acquired all outstanding common shares at US$27.85 per share by way of a statutory plan of arrangement. approximately US$489 million.
We are pleased to be taking this next step with Hummingbird and believe the acquisition will benefit the shareholders, customers, partners and employees of both companies.John Shackleton — President and CEO, Open Text
Captaris was a Bellevue, Washington provider of software that automates document-centric processes, including document and data capture solutions converting paper to digital content. OpenText acquired it via merger for US$4.80 per share. approximately US$131 million.
Captaris strengthens our position as the ECM market's independent leader and broadens the suite of solutions we offer that integrate with SAP, Microsoft and Oracle, our three strategic partners.John Shackleton — President and CEO, Open Text
Vignette was an Austin, Texas provider of web experience and web content management software. Vignette shareholders received US$8.00 in cash plus 0.1447 of an OpenText common share per share, valuing the deal at approximately US$310 million.
Vignette's customers represent some of the world's most powerful online brands and we are excited about the opportunity to expand the relationship with these customers and partners.John Shackleton — President and CEO, Open Text
After a thorough evaluation of strategic and financial alternatives, the Vignette Board of Directors believes that today's announcement provides attractive value for our shareholders.Mike Aviles — President and CEO, Vignette
StreamServe, based in Burlington, Massachusetts, offered enterprise business communication solutions that help organizations process and deliver highly personalized documents in paper or electronic format.
On October 27, 2010, we acquired StreamServe Inc., a software company based in Burlington, Massachusetts, for $70.5 million.Open Text FY11 10-K — Business description
Metastorm, based in Baltimore, Maryland, provided Business Process Management (BPM), Business Process Analysis (BPA), and Enterprise Architecture (EA) software that helps enterprises align their strategies with execution.
On February 18, 2011, we acquired Metastorm Inc. for $182 million. Based in Baltimore, Maryland, Metastorm provides Business Process Management (BPM), Business Process Analysis (BPA), and Enterprise Architecture (EA) software.Open Text FY11 10-K — Business description
EasyLink Services International Corporation provided cloud-based information exchange and supply-chain messaging services. OpenText acquired all of EasyLink's outstanding shares in an all-cash transaction valued at approximately $310 million, inclusive of EasyLink debt. approximately $310 million.
On July 2, 2012 Open Text Corporation issued a joint press release with EasyLink Services International Corporation announcing the acquisition of EasyLink by Open Text by way of a merger agreement.Open Text Form 8-K — Item 2.01, July 3, 2012
Cordys, based in Putten, the Netherlands, was a provider of BPM and case management solutions offered on one platform with cloud, mobile, and social capabilities.
On August 15, 2013, we acquired Cordys Holding B.V. (Cordys), a leading provider of BPM and case management solutions, based in Putten, the Netherlands for $33.2 million.Open Text FY14 10-K — Business description
GXS was a leader in business-to-business (B2B) cloud integration whose Trading Grid platform enabled more than 550,000 trading partners to integrate and manage business processes. Global HQ in Gaithersburg, MD. Total purchase price of $1.065 billion in cash plus 1,297,521 OpenText common shares.
Our combined cloud will now manage over 16 billion transactions per year, approximately 600,000 trading partners and 40,000 customers.Mark J. Barrenechea — CEO, OpenText
Actuate Corporation - The BIRT Company, based in San Francisco, was a leader in personalized analytics and insights. OpenText acquired all outstanding shares via a $6.60-per-share cash tender offer followed by a merger. $332.0 million (approximately $330 million equity value; ~$272 million enterprise value).
A newly formed, wholly-owned subsidiary of OpenText will commence a tender offer for all outstanding shares of Actuate for $6.60 per share in cash, for a total equity value of approximately $330 million.Open Text Ex 99.1 — December 5, 2014
Daegis was a Texas-based global information governance, data migration solutions and development company. approximately $23.3 million.
On November 23, 2015, we acquired Daegis Inc. (Daegis), a global information governance, data migration solutions and development company, based in Texas. Total consideration for Daegis was approximately $23.3 million.Open Text FY17 10-K — Business description
Recommind, based in San Francisco, was a leading provider of eDiscovery and information analytics. approximately $170.1 million.
On July 20, 2016, we acquired Recommind, a leading provider of eDiscovery and information analytics, based in San Francisco, California, United States, for approximately $170.1 million.Open Text FY17 10-K — Business description
OpenText acquired Dell EMC's Enterprise Content Division (ECD), including the Documentum, InfoArchive, and LEAP product families. The deal brought 5,000 marquee customers, 2,000 employees and over 300 partners with deep industry focus in healthcare, life sciences, and public sector. U.S. $1.62 billion.
We are pleased to welcome 5,000 marquee customers, 2,000 employees and over 300 partners to OpenText. This acquisition extends our leadership in content services, information archives, key verticals, and the Cloud.Mark J. Barrenechea — CEO & CTO, OpenText
Covisint provided a cloud-based platform for connecting and managing the Internet of Things (IoT), identity management, and B2B connectivity. approximately $102.8 million.
On July 26, 2017, we acquired Covisint for approximately $102.8 million.Open Text FY18 10-K — Business description
Guidance Software was a leading provider of forensic security solutions, including the EnCase digital forensics and endpoint investigation product family. approximately $240.5 million.
On September 14, 2017, we acquired Guidance, a leading provider of forensic security solutions, for approximately $240.5 million.Open Text FY18 10-K — Business description
Hightail was a leading cloud service provider for file sharing and creative collaboration. approximately $20.5 million.
On February 14, 2018, we acquired all of the equity interest in Hightail, a leading cloud service provider for file sharing and creative collaboration, for approximately $20.5 million in an all cash transaction.Open Text FY19 10-K — 2018 Acquisitions note
Liaison Technologies provided cloud-based data integration and management solutions, including the ALLOY platform for application and data integration. approximately $310.6 million.
On December 17, 2018, we acquired Liaison for approximately $310.6 million.Open Text FY19 10-K — Business description
Catalyst was a leading provider of eDiscovery that designs, develops and supports market-leading cloud eDiscovery software. approximately $70.8 million.
On January 31, 2019, we acquired all of the equity interest in Catalyst, a leading provider of eDiscovery, for approximately $70.8 million in an all cash transaction.Open Text FY19 10-K — Business description
Carbonite was a provider of cloud-based subscription data protection, backup, disaster recovery and end-point security to small and medium-sized businesses and consumers. The acquisition (which itself included Webroot) opened a new SMB/prosumer route to market. Total consideration was $1.4 billion in cash.
This acquisition will further strengthen OpenText as a leader in cloud platforms, complete end-point security and protection, and will open a new route to connect with customers, through Carbonite's marquee SMB/prosumer channel and products.Mark J. Barrenechea — CEO & CTO, OpenText
We are excited by the opportunity to bring forth exceptional leadership in operational execution and integration capabilities to Carbonite.Madhu Ranganathan — EVP & CFO, OpenText
XMedius was a provider of secure information exchange and unified communication solutions.
On March 9, 2020, we acquired all the equity interest in XMedius for $73.3 million in an all cash transaction. XMedius is a provider of secure information exchange and unified communication solutions.Open Text FY20 10-K — Acquisition of XMedius note
Zix was a leader in SaaS-based email encryption, threat protection and compliance cloud solutions for small and medium-sized businesses, bringing approximately 5,600 managed service partners (MSPs) and a deeper Microsoft relationship.
We intend to integrate Carbonite, Webroot and Zix products to create a powerhouse SMB platform for data protection, threat management, email security and compliance solutions. Acquisitions of cloud growth assets like Zix highlights our commitment to our Total Growth strategy.Mark J. Barrenechea — CEO & CTO, OpenText
The acquisition of Carbonite in December 2019 and its successful integration has given us the confidence and readiness to expand even further into the SMB market.Madhu Ranganathan — EVP & CFO, OpenText
Bricata was a provider of network detection and response (NDR) security technology.
On November 24, 2021, we acquired all of the equity interest in Bricata Inc. (Bricata) for $17.8 million.Open Text FY22 10-K — Business description
Micro Focus was one of the world's largest software companies, serving thousands of organizations globally including many of the Fortune Global 500, with approximately $2.7 billion pro forma TTM revenue. OpenText acquired the entire issued share capital at 532 pence per share via a recommended all-cash offer under the UK Takeover Code, expanding into Cybersecurity, Application Modernization & Delivery, IT Operations Management, and AI & Analytics. approximately $5.8 billion (enterprise value ~$6.0 billion at announcement).
With this acquisition, OpenText's corporate mission expands to help enterprise professionals secure their operations, gain more insight into their information, and better manage an increasingly hybrid and complex digital fabric with a new generation of tools that include Cybersecurity, Digital Operations Management, Applications Modernization & Delivery and AI & Analytics.Mark J. Barrenechea — CEO & CTO, OpenText
I would like to welcome Micro Focus customers, partners and employees to OpenText. Digital life is life, and with Micro Focus' great products and talent, we will help organizations of all sizes accelerate their digital transformation.Mark J. Barrenechea — CEO & CTO, OpenText