OpenText buys one of the units of Dell EMC for 1.62 billion dollars

Canadian company OpenText software, agreed to buy units Dell EMC offers the services of content management. The transaction amount was 1.62 billion dollars. The turnover of the said unit last year amounted to 599 million dollars.

This is the third coupee acquisition of this kind, which makes OpenText in recent months, seeking to expand the business. In June, HP was purchased the direction of activities associated with client management, and two months before that — the content management tools for approximately $ 170 million.

In OpenText expect to complete the transaction with Dell EMC for three to four months.

Sources: OpenText, Reuters


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