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M&A

OpenText to Strategically Divest Non-Core Unit for US$163 Million

Lane
M&A
Announced
02 Oct 2025
Province
Ontario
Industry
Unclassified
Status
Announced
What the filing says
Open Text Corporation (NASDAQ: OTEX), (TSX: OTEX ), a global leader in secure information management for AI, today announced that it has reached a definitive agreement to divest an on-premise solution (eDOCS), a part of its Analytics portfolio, to NetDocuments, for US$163 million in cash.
Source

The terms are in the subscriber edition

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

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