OpenText completed the acquisition of XMedius for $75m.

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.