OPEN TEXT CORP acquired Hightail, Inc. for approximately $20.5 million, a transaction completed in February 2018, structured as all cash.
Hightail, Inc. operates in File Sharing & Collaboration, is based in Campbell, California, United States. Hightail was a leading cloud service provider for file sharing and creative collaboration.
We believe this acquisition complements and extends our EIM portfolio.
Complements and extends the EIM portfolio. Open Text Content Services
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
Advisory firms were not disclosed for this transaction.