Announced
Completed
Financials
Tags
government technology software
Software
Domestic
Private
Single Bidder
United States
Acquisition
Majority
Completed
Friendly
Synopsis
Cox Enterprises, a communication company, completed the acquisition of a majority stake in OpenGov, a government technology company, for $1.8bn. “We have been a long-time investor in OpenGov, and we are thrilled to deepen our commitment. This is an important time for our country in many ways. In 1920, when my great-grandfather was Governor of Ohio, he expressed the need for our people to have ‘an abiding confidence’ in their government. Now, all these years later, we are very excited to help OpenGov grow and build for the future. Powering more effective and accountable government is an inspiring mission, and OpenGov delivers a better experience for governments, residents and businesses alike,” Alex Taylor, Cox Enterprises Chairman and CEO.
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