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Hyland completed the acquisition of Nuxeo from Kennet Partners and Goldman Sachs.

Synopsis

Hyland, a content services provider, completed the acquisition of Nuxeo, a software company, from Kennet Partners, a private equity investment firm, and Goldman Sachs. Financial terms were not disclosed. "We're thrilled to welcome our new colleagues, customers and partners to the Hyland community. With the addition of Nuxeo's cloud-native, open-source, low-code platform, Hyland is now the largest open-source content services provider in the market. The expertise the Nuxeo team brings, along with the innovative capabilities of the Nuxeo platform, strengthen Hyland's position as the leader in cloud-based content services platforms and present tremendous opportunities for the organizations we serve,” Bill Priemer, Hyland President and CEO.

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