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M&A

OpenText Completes Divestiture of Non-Core Unit for $163 Million

Lane
M&A
Announced
12 Jan 2026
Province
Ontario
Industry
Unclassified
Status
Announced
What the filing says
Open Text Corporation (NASDAQ: OTEX), (TSX: OTEX ), today announced that it has successfully completed its previously announced divestiture of an on-premise solution, eDOCS, a part of its Analytics portfolio, to NetDocuments Software, Inc., for $163 Million in cash before taxes, fees and other adjustments.
Releases (2)
  • 02 Oct 2025 — OpenText to Strategically Divest Non-Core Unit for US$163 Million
  • 12 Jan 2026 — OpenText Completes Divestiture of Non-Core Unit for $163 Million
Source

2 cited documents, named and linked in the subscriber edition.

The terms are in the subscriber edition

This transaction carries the consideration and 1 officer and advisor credit.

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