OpenText who a global leader in Enterprise Information Management (EIM), today announced that it has entered into a definitive agreement to acquire Liaison Technologies, Inc. (Liaison), a leading provider of cloud-based enterprise application integration and data management solutions.
The acquisition of Liaison is expected to further enhance OpenText’s offerings in digital ecosystem and business-to-business integration solutions, application-to-application integration and master data management capabilities. The proposed acquisition also expands OpenText’s capabilities within key verticals such as life sciences and healthcare. Additionally, the acquisition enables OpenText to address fast-growing adjacent market segments, including integration platform-as-a-service (iPaaS) with a managed services approach.
Terms of the Agreement The purchase price is approximately $310 million in an all-cash transaction. The transaction is expected to close within 90 days and is subject to customary regulatory approvals and closing conditions.
More information can be found in our presentation at investors.opentext.com.
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OpenText to Acquire Liaison Technologies
OpenText who a global leader in Enterprise Information Management (EIM), today announced that it has entered into a definitive agreement to acquire Liaison Technologies, Inc. (Liaison), a leading provider of cloud-based enterprise application integration and data management solutions.
The acquisition of Liaison is expected to further enhance OpenText’s offerings in digital ecosystem and business-to-business integration solutions, application-to-application integration and master data management capabilities. The proposed acquisition also expands OpenText’s capabilities within key verticals such as life sciences and healthcare. Additionally, the acquisition enables OpenText to address fast-growing adjacent market segments, including integration platform-as-a-service (iPaaS) with a managed services approach.
Terms of the Agreement The purchase price is approximately $310 million in an all-cash transaction. The transaction is expected to close within 90 days and is subject to customary regulatory approvals and closing conditions.
More information can be found in our presentation at investors.opentext.com.
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This entry was posted on November 1, 2018 at 7:30 am and is filed under Commentary with tags OpenText. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.