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New Deal


Announced

Completed

OpenText completed the acquisition of XMedius for $75m.

Financials

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Transaction Value£57m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales1.9x
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Software

Completed

software development

Majority

Single Bidder

Private

Friendly

Canada

Acquisition

Private Equity

Cross Border

Synopsis

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OpenText, a Canadian company that develops and sells enterprise information management software, completed the acquisition of XMedius, a provider of secure information exchange and unified communication solutions, for $75m. "With more than 50k installations worldwide, the acquisition of XMedius further strengthens OpenText's leadership in secure information exchange, unified communications and digital fax. We welcome XMedius's customers, strong partner network and employees to OpenText. The acquisition reaffirms our commitment to Montreal, already a strategic hub for our analytics and AI development teams. Together, we will bring leading cloud and hybrid solutions to enterprises and small to mid-sized businesses," Mark J. Barrenechea, OpenText CEO & CTO.

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