Deal
OPEN TEXT CORP acquires Daegis Inc.
November 2015
Full acquisition
Ready
01 Scorecard
The deal at a glance
Private-market deal
OPEN TEXT CORP acquires Daegis Inc.
Deal value
approximately $23.3 million
Sector
Information Governance / eDiscovery
Date
November 2015
VectorShift
Made on VectorShift
OPEN TEXT CORP acquired Daegis Inc. for approximately $23.3 million, a transaction completed in November 2015, structured as all cash.
Daegis Inc. operates in Information Governance / eDiscovery, is based in Texas, United States. Daegis was a Texas-based global information governance, data migration solutions and development company.
On November 23, 2015, we acquired Daegis Inc. (Daegis), a global information governance, data migration solutions and development company.
Information governance and data migration capabilities. Open Text Discovery
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
Advisors not disclosed
No advisory firms have been disclosed for this transaction.