Deal
OPEN TEXT CORP acquires Recommind, Inc.
July 2016
Full acquisition
Ready
01 Scorecard
The deal at a glance
Private-market deal
OPEN TEXT CORP acquires Recommind, Inc.
Deal value
approximately $170.1 million
Sector
eDiscovery & Information Analytics
Date
July 2016
VectorShift
Made on VectorShift
OPEN TEXT CORP acquired Recommind, Inc. for approximately $170.1 million, a transaction completed in July 2016, structured as all cash.
Recommind, Inc. operates in eDiscovery & Information Analytics, is based in San Francisco, California, United States. Recommind, based in San Francisco, was a leading provider of eDiscovery and information analytics.
On July 20, 2016, we acquired Recommind, a leading provider of eDiscovery and information analytics, based in San Francisco, California.
Machine-learning-driven eDiscovery and analytics. Open Text Discovery
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
Advisors not disclosed
No advisory firms have been disclosed for this transaction.