Waterloo's Open Text acquires Global 360 for $260 million

Posted by Knowlton Thomas on 2011-07-14 12:24:00 PM

Waterloo's Open Text Corp. has acquired Global 360 Holding Corp. for $260 million.

The Canadian software giant bought the Texas-based business process management solutions provider to continue expanding its business process management market.

In February, Open Text acquired another BPM provider, Metastorm, for $182 million.

Company:
OpenText
Website:
http://www.opentext.com
Location:
Waterloo, Ontario, Canada

OpenText, an enterprise software company and leader in enterprise content management, helps organizations manage and gain the true value of their business content. OpenText brings two decades of expertise supporting millions of users in 114 countries. Working with our customers and partners, we bring together leading Content Experts to help organizations capture and preserve corporate memory, increase brand... more


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Knowlton Thomas

Knowlton Thomas

Knowlton is the Associate Editor of Techvibes. A Vancouver-based writer and author, Knowlton has been published in national publications and has also appeared on television and radio. He has written two ebooks and more are in the works. Previously, he was an editor for New Westminster weekly The Other Press and served on its board of directors. When not working, Knowlton enjoys playing... more



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