Deal
OPEN TEXT CORP acquires StreamServe Inc.
October 2010
Full acquisition
Ready
01 Scorecard
The deal at a glance
Private-market deal
OPEN TEXT CORP acquires StreamServe Inc.
Deal value
$70.5 million
Sector
Customer Communications Management
Date
October 2010
VectorShift
Made on VectorShift
OPEN TEXT CORP acquired StreamServe Inc. for $70.5 million, a transaction completed in October 2010, structured as all cash.
StreamServe Inc. operates in Customer Communications Management, is based in Burlington, Massachusetts, United States. StreamServe, based in Burlington, Massachusetts, offered enterprise business communication solutions that help organizations process and deliver highly personalized documents in paper or electronic format.
This acquisition is expected to add complementary document output and customer communication management software to our ECM Suite.
Complementary document-output capabilities for the ECM suite. Open Text 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
Advisors not disclosed
No advisory firms have been disclosed for this transaction.