OpenText completed the acquisition of Pillr from Novacoast.

OpenText, a Canadian company that develops and sells enterprise information management software, completed the acquisition of Pillr, a provider of security operations software, from Novacoast, a provider of cybersecurity services. Financial terms were not disclosed. "We are incredibly proud of the success Pillr has achieved as part of the Novacoast family. Our deep expertise and unwavering passion for enterprise security have been key drivers in shaping Pillr into a cutting-edge solution. The exceptional talent and dedication of the Pillr team have been the cornerstone of its success. This acquisition is a testament to their hard work and innovation. We are confident that with OpenText's resources and scale, Pillr technology will continue to thrive and set new standards within OpenText's leading cybersecurity platform," Paul Anderson, Novacoast CEO.