OPEN TEXT CORP acquired Covisint Corporation for approximately $102.8 million, a transaction completed in July 2017, structured as all cash.
Covisint Corporation operates in IoT / Cloud Platform, is based in Detroit, Michigan, United States. Covisint provided a cloud-based platform for connecting and managing the Internet of Things (IoT), identity management, and B2B connectivity.
On July 26, 2017, we acquired Covisint for approximately $102.8 million.
Cloud-based IoT and identity platform. Open Text Business Network
On July 26, 2017, we acquired Covisint for approximately $102.8 million.Open Text FY18 10-K, Business description
Advisory firms were not disclosed for this transaction.