OPEN TEXT CORP acquired XMedius for $73.3 million, a transaction completed in March 2020, structured as all cash.
XMedius operates in Secure Information Exchange, is based in Montreal, Quebec, Canada. XMedius was a provider of secure information exchange and unified communication solutions.
On March 9, 2020, we acquired all the equity interest in XMedius. We believe the acquisition complements our Customer Experience Management (CEM) and Business Network (BN) platforms.
Complements Customer Experience Management and Business Network platforms. Open Text Business Network
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
Advisory firms were not disclosed for this transaction.