OpenText Acquires Hightail

OpenText, a leader in Enterprise Information Management (EIM), today announced that it has acquired Hightail, Inc. formerly known as YouSendIt, a leading cloud service for file sharing and creative collaboration with approximately 5.5 million customers globally spanning enterprise accounts, paid subscribers, and individual consumers.

This acquisition expands OpenText’s strength in the content collaboration market through Hightail’s existing user-base of marketing, advertising and creative professionals.

Hightail is not expected to contribute significant revenue to OpenText’s results for the fiscal third quarter ending March 31, 2018.

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