Announced
Completed
Financials
Tags
Completed
content services platform
Majority
Single Bidder
Acquisition
Private
Domestic
United States
Private Equity
Friendly
Software
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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