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OpenText Signs Definitive Agreement to Acquire Certain Customer Experience Software Assets of HP Inc.WATERLOO, Ontario, April 18, 2016 /CNW/ -- Open Text Corporation (NASDAQ: OTEX) (TSX: OTC), a global leader in Enterprise Information Management announced today it has entered into a definitive agreement to acquire certain customer experience software and services assets from HP Inc. (NYSE: HPQ). The software assets acquired include HP TeamSite, a modern multi-channel digital experience management platform for web content management, HP MediaBin, a digital asset management solution, HP Qfiniti, an intelligent workforce optimization solution designed to improve enterprise contact center management, as well as HP Explore, HP Aurasma, and HP Optimost. More information on these solutions can be found at www.hpengage.com. OpenText expects that the acquisition will complement its current software portfolio, particularly its Customer Experience Management and Cloud offerings, allowing OpenText to better serve its customers by offering them a wider selection of software solutions. In addition, this acquisition is expected to enhance the multi-channel digital experience of OpenText's customers by providing them with leading software products in marketing optimization, mobile marketing, and voice of the customer programs. OpenText looks forward to welcoming the HP Inc. Customer Experience Software employees, customers, and partners to OpenText upon close of the transaction. Terms of the Agreement More information can be found in our presentation at investors.opentext.com. About OpenText Cautionary Statement Regarding Forward-Looking Statements 2016 Open Text Corporation. OpenText is a trademark or registered trademark of OpenText SA and/or Open Text ULC. The list of trademarks is not exhaustive of other trademarks, registered trademarks, product names, company names, brands and service names mentioned herein are property of OpenText SA or other respective owners. All rights reserved. For more information, visit: http://www.opentext.com/2/global/site-copyright.html_SKU. OTEX-MNA Notes Further information: Kasey Holman
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/opentext-signs-definitive-agreement-to-acquire-certain-customer-experience-software-assets-of-hp-inc-300252847.html SOURCE Open Text Corporation |