OpenGate Capital completed the acquisition of a majority stake in CoreMedia.

OpenGate Capital, a global private equity firm, completed the acquisition of a majority stake in CoreMedia, a content management and digital experience platform, from Deutsche Telekom and a consortium of private investors. Financial terms were not disclosed. “We are extremely excited to be partnering with CoreMedia and its talented team as the company enters the next chapter of its growth story. We look forward to supporting the company as it continues to deliver market-leading solutions that enhance the productivity, responsiveness and relevance of digital marketing on a global scale. The investment in CoreMedia represents OpenGate’s on-going commitment to investing in leading technology companies," Andrew Nikou, OpenGate Capital Founder and CEO.