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OpenText sells non-core business to NetDocuments for US$163 million
Open Text Corp. says it has signed a deal to sell part of its analytics portfolio to NetDocuments for US$163 million in cash.
Many large law firms and corporate legal departments keep their feet on the ground when it comes to moving applications and storage to the cloud. Security concerns and limited cloud-based application ...
AI-Powered Enhancements Bring Actionable Intelligence, Seamless Automation, and Real-Time Editing Capabilities SALT LAKE CITY, Aug. 5, 2025 /PRNewswire/ -- NetDocuments, the #1 trusted intelligent ...
The pending acquisition, expected to be completed in early 2026, represents at least the second document management system ...
The company began exploring the sale of its “non-core assets” in August to focus on its core Information Management for AI ...
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 ...
OpenText Corp. will sell its eDOCS legal document management system to NetDocuments Software Inc. for $163 million and use the proceeds to reduce its outstanding debt.
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