Deal Timeline

Plotted by close date where disclosed, otherwise announcement. Select any marker to jump to the deal entry.

$20.3M
Nov 2002
Centrinity Inc.
$3.6M
Feb 2003
Corechange Inc.
$6.7M
Mar 2003
Eloquent Inc.
$11.4M
Oct 2003
DOMEA eGovernment (SER Solutions Software GmbH and SER eGovernment Deutschland GmbH)
$9.8M
Oct 2003
Gauss Interprise AG
Feb 2004
IXOS Software AG
$6M
Aug 2004
Artesia Technologies
$23.7M
Aug 2004
Vista Plus product suite (Quest Software)
$489M
Oct 2006
Hummingbird Ltd.
$131M
Oct 2008
Captaris
$310M
Jul 2009
Vignette Corporation
$35M
Feb 2010
Nstein Technologies Inc.
$10.8M
May 2010
Burntsand Inc.
$70.5M
Oct 2010
StreamServe Inc.
$182M
Feb 2011
Metastorm Inc.
$20.5M
Mar 2011
weComm Limited
$256.6M
Jul 2011
Global 360 Holding Corp.
$7.0M
Sep 2011
Operitel Corporation
$3.3M
Oct 2011
System Solutions Australia Pty Limited (MessageManager)
$310M
Jul 2012
EasyLink Services International Corporation
$20.0M
Mar 2013
Resonate KT Limited
$18.9M
May 2013
ICCM Professional Services Limited
$33.2M
Aug 2013
Cordys Holding B.V.
$1.165B
Jan 2014
GXS Group
$332.0M
Jan 2015
Actuate Corporation
Jan 2015
Informative Graphics Corporation (IGC)
$23.3M
Nov 2015
Daegis Inc.
Apr 2016
ANXeBusiness Corp. (ANX)
Apr 2016
HP Inc. Customer Experience software assets (TeamSite, MediaBin, Qfiniti)
$170.1M
Jul 2016
Recommind
Aug 2016
HP Inc. Customer Communications Management assets (Exstream)
$1.62B
Jan 2017
Dell EMC Enterprise Content Division (Documentum)
$102.8M
Jul 2017
Covisint Corporation
$240.5M
Sep 2017
Guidance Software
$20.5M
Feb 2018
Hightail
$310.6M
Dec 2018
Liaison Technologies
$70.8M
Jan 2019
Catalyst Repository Systems Inc.
$1.4B
Dec 2019
Carbonite
$5.1M
Dec 2019
Dynamic Solutions Group (The Fax Guys)
$73.3M
Mar 2020
XMedius
$17.8M
Nov 2021
Bricata Inc.
$894.5M
Dec 2021
Zix Corporation
$5.8B
Jan 2023
Micro Focus International plc
Aug 2023
KineMatik
May 2024
Pillr

The Acquisition Playbook.

Three patterns run through OPEN TEXT's acquisitions — what it looks for, how it pays, and how it folds in what it buys.

01
Acquisition criteria
Consolidate the information-management stack.
OpenText has spent two decades rolling up enterprise content and information-management vendors — Hummingbird (2006), Vignette (2009), and ultimately Dell EMC's Enterprise Content Division including Documentum (2017). As CEO Mark J. Barrenechea put it on closing Documentum, the deal "extends our leadership in content services, information archives, key verticals, and the Cloud."
Information Dimensions, Inc. (BASIS)LeadingSide (BRS search assets)Open ImageBase4Bluebird
02
Capital deployment
Build a powerhouse SMB security platform.
Starting with the $1.4B Carbonite acquisition in 2019 — which itself carried the Webroot business — OpenText layered on Zix in 2021 to, in management's words, "create a powerhouse SMB platform for data protection, threat management, email security and compliance solutions," then bolted on network-detection (Bricata) and MDR (Pillr) tuck-ins.
Information Dimensions, Inc. (BASIS)LeadingSide (BRS search assets)Open ImageBase4Bluebird
03
Integration approach
Scale through transformational platform deals plus disciplined tuck-ins.
The $1.165B GXS deal expanded the cloud Business Network; the $5.8B Micro Focus acquisition — OpenText's largest — added cybersecurity, application modernization and IT operations, expanding the market opportunity to a stated $170 billion. Between the headline deals, OpenText absorbs annual sub-$300M tuck-ins (Metastorm, Recommind, Guidance, Liaison, Catalyst, XMedius) disclosed in its 10-K business-combination notes.
Information Dimensions, Inc. (BASIS)LeadingSide (BRS search assets)Open ImageBase4Bluebird

The Full Deal Book

58 acquisitions — each with the deal value, financing structure, target revenue, and executive commentary where disclosed.

01 Information Dimensions, Inc. (BASIS) Not disclosed
Disclosed in 8-K Acquisition

Information Dimensions was the developer of the BASIS software product line, used to manage specialized corporate and government document collections with comprehensive library controls. After the acquisition, Open Text continued to offer BASIS and integrated it with its Livelink platform through the Livelink Activator for BASIS.

02 LeadingSide (BRS search assets) Not disclosed
Disclosed in 8-K Asset acquisition

Open Text acquired the BRS search technology assets of LeadingSide during fiscal 2001. The full-text search technology was integrated into the Livelink platform to broaden Open Text's product capabilities.

03 Open Image Not disclosed
Disclosed in 8-K Acquisition

Open Text acquired Open Image during fiscal 2001. The acquired technology was integrated into the Livelink platform as part of Open Text's effort to build a more diverse product offering.

04 Base4 Not disclosed
Disclosed in 8-K Acquisition

Open Text acquired Base4 during fiscal 2001. The acquired technology was integrated into the Livelink platform to expand Open Text's product capabilities.

05 Bluebird Not disclosed
Disclosed in 8-K Acquisition

Open Text acquired Bluebird during fiscal 2001. The acquired technology was integrated into the Livelink platform as part of Open Text's product-diversification strategy.

06 OnTime Not disclosed
Disclosed in 8-K Acquisition

OnTime was among the software businesses acquired by Open Text in its early history; the acquired technology contributed to Open Text's product portfolio. Open Text recorded amortization of acquired intangible assets related to the acquisition.

07 Lava Not disclosed
Disclosed in 8-K Acquisition

Lava was among the software businesses acquired by Open Text in its early history; the acquired technology contributed to Open Text's product portfolio. Open Text recorded amortization of acquired intangible assets related to the acquisition.

08 PS Software Not disclosed
Disclosed in 8-K Acquisition

PS Software was among the software businesses acquired by Open Text in its early history; the acquired technology contributed to Open Text's product portfolio. Open Text recorded amortization of acquired intangible assets related to the acquisition.

09 Microstar Not disclosed
Disclosed in 8-K Acquisition

Microstar was among the software businesses acquired by Open Text in its early history; the acquired technology contributed to Open Text's product portfolio. Open Text recorded amortization of acquired intangible assets related to the acquisition.

10 Pillr · United States Not disclosed
Closed May 2024
managed detection and responsemulti-tenant security operationsthreat huntingMSP security

Pillr is a cloud native, multi-tenant MDR platform from Novacoast, Inc. for MSPs that includes powerful threat-hunting capabilities.

Why it was attractive
  • Cloud-native
  • multi-tenant MDR capabilities for the MSP channel
On May 22, 2024, we acquired Pillr, a cloud native, multi-tenant MDR platform from Novacoast, Inc. for MSPs that includes powerful threat-hunting capabilities.Open Text FY24 10-K — Business Combinations note
11 KineMatik · Ireland Not disclosed
Announced Aug 2023 Closed Aug 2023 Acquisition

OpenText acquired KineMatik, a Cork, Ireland-based provider of automated business process and project management solutions built on OpenText's Content Server. KineMatik's portfolio spans workflow automation, document change control, project management and electronic lab notebook (ELN) solutions used by organizations in life sciences, technology, finance, energy and other regulated industries.

12 Micro Focus International plc · Newbury, United Kingdom (global operations) $5.8B
Announced Aug 2022 Closed Jan 2023 All cash
cybersecurityapplication modernization and deliveryIT operations managementAI and analyticsCOBOL/mainframe tooling

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).

Why it was attractive
  • Total purchase price of 2.3x Micro Focus TTM revenues and 6.7x TTM adjusted EBITDA
  • immediately accretive to FY23 adjusted EBITDA dollars
  • expanded the addressable market opportunity to $170 billion
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
13 Zix Corporation · Dallas, Texas, United States $894.5M
Announced Nov 2021 Closed Dec 2021 All cash
email encryptionthreat protectionemail securitycomplianceMSP channel

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.

Why it was attractive
  • Approximately 5
  • 600 MSPs and a deepened technology and go-to-market relationship with Microsoft
  • immediately accretive to adjusted EBITDA
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
14 Bricata Inc. · Columbia, Maryland, United States $17.8M
Closed Nov 2021 All cash
network detection and responsethreat huntingnetwork security analytics

OpenText announced in November 2021 the acquisition of Bricata to add network detection and response (NDR) technology to its Security & Protection Cloud. Maryland-based Bricata analyzes network traffic to surface threats while cutting false-positive alerts, and its engineering team joined OpenText to build future NDR products. The purchase price was not material and was not disclosed in the release.

Why it was attractive
  • Network detection and response capabilities for the security portfolio
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
15 XMedius · Montreal, Quebec, Canada $73.3M
Closed Mar 2020 All cash
secure file exchangeenterprise faxunified communications

OpenText acquired XMedius in March 2020 in an all-cash transaction of about $75 million. XMedius provides secure information exchange, unified communications and digital fax, with more than 50,000 installations globally. The purchase strengthened OpenText's secure-communications portfolio and deepened its presence in Montreal, already a hub for its analytics and AI teams.

Why it was attractive
  • Complements Customer Experience Management and Business Network platforms
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
16 Carbonite, Inc. · Boston, Massachusetts, United States $1.4B
Announced Nov 2019 Closed Dec 2019 All cash
cloud backupdisaster recoveryendpoint securitydata protectionWebroot threat intelligence

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.

Why it was attractive
  • Marquee SMB/prosumer channel
  • cloud backup and endpoint security at scale (including the Webroot business Carbonite had acquired in March 2019)
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
17 Dynamic Solutions Group (The Fax Guys) $5.1M
Closed Dec 2019 Asset acquisition

Open Text acquired certain assets and liabilities of Dynamic Solutions Group, known as The Fax Guys, adding to its secure fax and information-exchange capabilities.

18 Catalyst Repository Systems Inc. · Denver, Colorado, United States $70.8M
Closed Jan 2019 All cash
cloud eDiscoverydocument reviewlegal holdpredictive analytics

Catalyst was a leading provider of eDiscovery that designs, develops and supports market-leading cloud eDiscovery software. approximately $70.8 million.

Why it was attractive
  • Market-leading cloud eDiscovery software
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
19 Liaison Technologies · Alpharetta, Georgia, United States $310.6M
Closed Dec 2018 All cash
data integrationapplication integrationmanaged file transferALLOY platform

Liaison Technologies provided cloud-based data integration and management solutions, including the ALLOY platform for application and data integration. approximately $310.6 million.

Why it was attractive
  • Cloud-based data and application integration capabilities
On December 17, 2018, we acquired Liaison for approximately $310.6 million.Open Text FY19 10-K — Business description
20 Hightail, Inc. · Campbell, California, United States $20.5M
Closed Feb 2018 All cash
cloud file sharingcreative collaborationcontent review

OpenText announced in February 2018 that it had acquired Hightail, the cloud file-sharing and creative-collaboration service formerly known as YouSendIt, which served around 5.5 million customers worldwide. OpenText positioned the deal as reinforcing its cloud content strategy for marketers and creative professionals. Hightail was slated for integration with OpenText Content Suite, Documentum, Core and Media Management. approximately $20.5 million.

Why it was attractive
  • Complements and extends the EIM portfolio
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
21 Guidance Software, Inc. · Pasadena, California, United States $240.5M
Closed Sep 2017 All cash
digital forensicsendpoint investigationEnCaseincident responseeDiscovery

Guidance Software was a leading provider of forensic security solutions, including the EnCase digital forensics and endpoint investigation product family. approximately $240.5 million.

Why it was attractive
  • Established forensic-security and digital-investigation capabilities
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
22 Covisint Corporation · Detroit, Michigan, United States $102.8M
Closed Jul 2017 All cash
IoT platformidentity managementB2B connectivitydevice management

Covisint provided a cloud-based platform for connecting and managing the Internet of Things (IoT), identity management, and B2B connectivity. approximately $102.8 million.

Why it was attractive
  • Cloud-based IoT and identity platform
On July 26, 2017, we acquired Covisint for approximately $102.8 million.Open Text FY18 10-K — Business description
23 Dell EMC Enterprise Content Division (Documentum) · United States (global operations) $1.62B
Announced Sep 2016 Closed Jan 2017 All cash
Documentum ECMInfoArchiveLEAPinformation lifecycle managementvertical content solutions

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.

Why it was attractive
  • Deep industry footprints in healthcare
  • life sciences
  • and public sector
  • substantial ECM and information-lifecycle portfolio
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
24 HP Inc. Customer Communications Management assets (Exstream) · United States Not disclosed
Announced Jun 2016 Closed Aug 2016 Asset acquisition

OpenText agreed to acquire the Customer Communications Management (CCM) assets of HP Inc. The assets included HP Exstream, HP Output Management, HP TeleForm and HP LiquidOffice, spanning customer communications management, process automation and document delivery. OpenText substantially completed the closing on August 1, 2016.

25 Recommind, Inc. · San Francisco, California, United States $170.1M
Closed Jul 2016 All cash
eDiscoverypredictive codinginformation analyticsmachine learning

OpenText closed its acquisition of Recommind in July 2016 for approximately $163 million after announcing the agreement in June. Recommind is a provider of eDiscovery and information analytics, with SaaS and managed-service products including Axcelerate for eDiscovery review, Perceptiv for contract analytics and Decisiv for enterprise information access. The business was expected to add roughly $70-80 million in annualized revenue and be immediately accretive. approximately $170.1 million.

Why it was attractive
  • Machine-learning-driven eDiscovery and analytics
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
26 ANXeBusiness Corp. (ANX) · United States Not disclosed
Announced Apr 2016 Closed Apr 2016 Acquisition

OpenText entered into a definitive agreement to acquire ANXeBusiness Corp. (ANX), a provider of cloud-based information exchange services to the US automotive and healthcare industries. ANX was slated to be integrated into the OpenText Business Network, a portfolio of cloud solutions and software for secure, compliant supply chain and business-to-business collaboration.

27 HP Inc. Customer Experience software assets (TeamSite, MediaBin, Qfiniti) · United States Not disclosed
Announced Apr 2016 Closed Apr 2016 Asset acquisition

OpenText agreed to acquire a portfolio of customer experience software and services assets carved out of HP Inc. The acquired products included HP TeamSite, a multi-channel digital experience and web content management platform; HP MediaBin, a digital asset management solution; and HP Qfiniti, a contact-center workforce optimization tool, along with HP Explore, HP Aurasma and HP Optimost. Together the assets addressed marketing optimization, mobile marketing and voice-of-the-customer programs.

28 Daegis Inc. · Texas, United States $23.3M
Closed Nov 2015 All cash
information governanceeDiscoverydata migrationarchiving

OpenText agreed in October 2015 to acquire Daegis, a provider of information governance, data migration and development-tools software, and completed the deal via tender offer that fiscal year. The company paid $0.82 per share in cash, an equity value of roughly $13.5 million, funded from cash on hand. The acquisition broadened OpenText's information-management footprint. approximately $23.3 million.

Why it was attractive
  • Information governance and data migration capabilities
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
29 Actuate Corporation · San Francisco, California, United States $332.0M
Announced Dec 2014 Closed Jan 2015 All cash
personalized analyticsBIRT reportingdata visualizationembedded analytics

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).

Why it was attractive
  • Added powerful analytics to OpenText's EIM portfolio
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
30 Informative Graphics Corporation (IGC) · United States Not disclosed
Announced Jan 2015 Closed Jan 2015 Acquisition

OpenText acquired Informative Graphics Corporation (IGC), a developer of commercial software for document viewing, annotation, redaction and publishing. A long-standing OpenText partner, IGC's technologies were integrated into the Enterprise Content Management portfolio and extended into other OpenText suites, adding secure mobile access and advanced document viewing, mark-up and collaboration.

31 GXS Group, Inc. · Gaithersburg, Maryland, United States (global operations) $1.165B
Announced Nov 2013 Closed Jan 2014 Combination
B2B cloud integrationGXS Trading Gridmanaged servicese-invoicingsupply-chain integration

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.

Why it was attractive
  • Purchase price of 2.4x GXS fiscal year 2012 revenues
  • marquee customer base with over 50% of the Forbes Global 1000
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
32 Cordys Holding B.V. · Putten, Netherlands $33.2M
Closed Aug 2013 All-cash
BPM platformcase managementcloudmobilesocial

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.

Why it was attractive
  • Cloud
  • mobile and social BPM capabilities on a single platform
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
33 ICCM Professional Services Limited · United Kingdom $18.9M
Closed May 2013 Cash acquisition

ICCM, based in Malmesbury, United Kingdom, was a provider of IT service management software solutions. The acquisition expanded Open Text's process automation and service-management capabilities.

34 Resonate KT Limited · United Kingdom $20.0M
Closed Mar 2013 Cash acquisition

Resonate KT, based in Cardiff, United Kingdom, provided software that enables organizations to visualize unstructured data, create new user experiences for ECM and Extended ECM for SAP, and build industry-specific applications that maximize the reuse of unstructured content. The acquisition deepened Open Text's SAP-integrated ECM capabilities.

35 EasyLink Services International Corporation · Norcross, Georgia, United States $310M
Announced May 2012 Closed Jul 2012 All cash
cloud faxelectronic data interchangesupply-chain messagingB2B information exchange

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.

Why it was attractive
  • Expanded OpenText's cloud-based information exchange offerings
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
36 System Solutions Australia Pty Limited (MessageManager) · Australia $3.3M
Closed Oct 2011 Cash acquisition

System Solutions Australia, based in Sydney and known for its MessageManager product, specialized in Fax over Internet Protocol (FoIP). The acquisition added fax and electronic-messaging technology to Open Text's information-exchange portfolio.

37 Operitel Corporation · Peterborough, Ontario, Canada $7.0M
Closed Sep 2011 Cash

Software company based in Peterborough, Ontario, Canada, specializing in building enterprise Learning Portal solutions, including social and mobile learning management that integrates with Microsoft SharePoint.

38 Global 360 Holding Corp. · Dallas, Texas, United States $256.6M
Closed Jul 2011 All-cash
process managementdynamic case managementBPM

Global 360, headquartered in Dallas, Texas, was a provider of process and case management solutions. The acquisition continued OpenText's expansion into the business process management (BPM) market.

Why it was attractive
  • New capabilities in dynamic case management
On July 13, 2011, we acquired Global 360 Holding Corp. (Global360), a provider of process and case management solutions headquartered in Dallas, Texas.Open Text FY11 10-K — Business description
39 weComm Limited · United Kingdom $20.5M
Closed Mar 2011 Cash acquisition

weComm, based in London, offered a software platform for deploying media-rich applications on mobile devices, including smartphones and tablets. The acquisition strengthened Open Text's mobile application capabilities.

40 Metastorm Inc. · Baltimore, Maryland, United States $182M
Closed Feb 2011 All cash
business process managementbusiness process analysisenterprise architecture

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.

Why it was attractive
  • Entry into the BPM market with complementary technology and expertise
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
41 StreamServe Inc. · Burlington, Massachusetts, United States $70.5M
Closed Oct 2010 All cash
document output managementcustomer communications managemententerprise business communications

StreamServe, based in Burlington, Massachusetts, offered enterprise business communication solutions that help organizations process and deliver highly personalized documents in paper or electronic format.

Why it was attractive
  • Complementary document-output capabilities for the ECM suite
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
42 Burntsand Inc. · Canada $10.8M
Closed May 2010 Cash acquisition

Burntsand, based in Toronto, was a provider of technology consulting services for customers with complex information-processing and information-management requirements, with a particular focus on enterprise content management. The acquisition added consulting and professional-services capacity to Open Text.

43 Nstein Technologies Inc. · Canada $35M
Announced Feb 2010 Closed Feb 2010 Cash amalgamation under the Companies Act

Open Text entered into a definitive agreement to acquire Nstein Technologies Inc., a Montreal-based provider of digital content management solutions for information-rich organizations. The transaction was structured as a shareholder-approved amalgamation with an Open Text subsidiary, with Nstein shareholders receiving CDN $0.65 in cash per common share. CDN $35 million (approximate).

44 Vignette Corporation · Austin, Texas, United States $310M
Announced May 2009 Closed Jul 2009 Combination
web content managementweb experience managementonline brand managementportals

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.

Why it was attractive
  • Premium of approximately 74% above the 30-trading-day average closing price of Vignette's shares
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
45 Vizible Corporation · Canada $0.9M
Disclosed in 8-K Cash acquisition

Vizible was a Toronto-based maker of digital media interface solutions. The acquisition expanded Open Text's Digital Media offerings with richer visualization and presentation capabilities.

46 Captaris, Inc. · Bellevue, Washington, United States $131M
Announced Sep 2008 Closed Oct 2008 All cash
document capturedata capturefax and information deliverySAP/Oracle/Microsoft integration

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.

Why it was attractive
  • Tighter integration with invoice-management solutions for SAP and Oracle
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
47 Spicer Corporation (file-viewer division assets) $11.4M
Disclosed in 8-K Asset acquisition

Open Text acquired substantially all of the assets of a division of Spicer Corporation, a privately held company specializing in file-format viewer solutions for desktop applications, integrated business process management systems and reprographics. The technology strengthened Open Text's document viewing and format-transformation capabilities.

48 Momentum Systems Inc. · United States $4.7M
Disclosed in 8-K Cash acquisition of 100% of shares

Momentum Systems, based in Arlington, Virginia, served the government sector for over a decade with a track record of implementing and supporting Livelink ECM solutions. The acquisition strengthened Open Text's reach into the public-sector market and its global partner program.

49 Hummingbird Ltd. · Toronto, Ontario, Canada $489M
Announced Aug 2006 Closed Oct 2006 All cash
document managementrecords managementlegal vertical ECMgovernment vertical ECM

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.

Why it was attractive
  • Strengthened ECM leadership in legal and government verticals
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
50 Optura Inc. $3.7M
Disclosed in 8-K Cash acquisition of 100% of shares

Optura provided products and integration services that optimized business processes so organizations could collaborate across separate functions, dissimilar systems and business partners. The technology extended Open Text's business process and imaging capabilities.

51 Artesia Technologies, Inc. · United States $6M
Announced Aug 2004 Closed Aug 2004 Cash acquisition of 100% of shares

Artesia Technologies, based in Rockville, Maryland, was a pioneer in Digital Asset Management (DAM) software used to catalog, manage and distribute rich media and brand assets. The acquisition added dedicated DAM capabilities to Open Text's content management portfolio.

52 Vista Plus product suite (Quest Software) · United States $23.7M
Announced Aug 2004 Closed Aug 2004 Asset acquisition

Open Text acquired the Vista Plus product suite, related business assets and employees from Quest Software. Vista Plus captured and stored business-critical output and reports from packaged enterprise applications, adding enterprise report and output management to Open Text's portfolio.

53 IXOS Software AG · Germany Not disclosed
Announced Dec 2003 Closed Feb 2004 Cash-and-share tender offer

IXOS Software was a German enterprise content management vendor specializing in document archiving and retrieval integrated with ERP and CRM systems such as SAP. The acquisition gave Open Text a second primary product line and dramatically expanded its European operations; Open Text closed a tender offer for roughly 88% of IXOS in February 2004 and subsequently moved toward full ownership.

54 DOMEA eGovernment (SER Solutions Software GmbH and SER eGovernment Deutschland GmbH) · Germany $11.4M
Closed Oct 2003 Cash acquisition of 100% of the shares of two German operating companies, with contingent consideration

Open Text acquired the German DOMEA eGovernment business, comprising SER Solutions Software GmbH and SER eGovernment Deutschland GmbH. DOMEA was a records- and document-management solution certified to Germany's KBSt eGovernment standards and widely used across German public-sector organizations.

55 Gauss Interprise AG · Germany $9.8M
Closed Oct 2003 Cash acquisition of a controlling stake

Gauss Interprise was a German enterprise content and web content management vendor. Its technology contributed to Open Text's Livelink Web Content Management Server and expanded the company's European product portfolio.

56 Eloquent Inc. · United States $6.7M
Closed Mar 2003 Cash acquisition of 100% of shares

Eloquent was a provider of rich-media and streaming communications software used for online training and corporate communications. Open Text integrated the technology to extend Livelink's media and learning capabilities.

57 Corechange Inc. · United States $3.6M
Closed Feb 2003 Cash acquisition of 100% of shares

Corechange was a Boston-based provider of enterprise portal and content-integration software. Its Coreport framework unified content from Livelink and other repositories and enterprise systems into a single interface, extending Open Text's content integration capabilities.

58 Centrinity Inc. · Canada $20.3M
Closed Nov 2002 Cash acquisition of 100% of shares

Centrinity was a messaging and collaboration software company whose FirstClass platform provided unified email, voice mail and fax management for large organizations, including many education and government customers. Open Text folded the technology into its FirstClass Communications Platform product line.

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