M&A Deal Summary |
|
|---|---|
| Date | 2016-09-12 |
| Target | Documentum |
| Sector | Information Technology |
| Buyer(s) | OpenText |
| Sellers(s) | DELL EMC |
| Deal Type | Divestiture |
| Deal Value | 1.6B USD |
SEARCH BY
Try For Free 7-Day Free Trial
OpenText is an independent software provider of enterprise information management (EIM). Open Text was founded in 1991 and is based in Waterloo, Canada.
| DEAL STATS | # |
|---|---|
| Overall | 33 of 44 |
| Sector (Information Technology) | 12 of 15 |
| Type (Divestiture) | 7 of 7 |
| State (California) | 6 of 8 |
| Country (United States) | 23 of 31 |
| Year (2016) | 5 of 5 |
| Size (of disclosed) | 3 of 27 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-09-12 |
EMC - Enterprise Content Division
Hopkinton, Massachusetts, United States EMC Corp. - Enterprise Content Division offers a suite of enterprise content management solutions with deep industry focus, including the Documentum ™, InfoArchive™, and LEAP™ product families. |
Buy | $1.6B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-06-05 |
Covisint
Southfield, Michigan, United States Covisint Corp. is a provider of a single entry point for business partners, customers and employees to connect with enterprises that ensures trusted information gets to the right people and place at the right time. Covisint's B2B Cloud Platform enables solutions that allow enterprises and industries to solve complex information and user management challenges across Business-to-Partner (B2P), Business-to-Customer (B2C) and Business-to-Enterprise (B2E) relationships. |
Buy | $103M |
| Category | Company |
|---|---|
| Founded | 1979 |
| Sector | Information Technology |
| Employees | 63,900 |
| Revenue | 24.4B USD (2014) |
Dell EMC, a part of Dell Technologies, enables organizations to modernize, automate and transform their data center using industry-leading converged infrastructure, servers, storage and data protection technologies. This provides a trusted foundation for businesses to transform IT, through the creation of a hybrid cloud, and transform their business through the creation of cloud-native applications and big data solutions. Dell EMC, formerly EMC Corp., was established in 1979 and is based in Hopkinton, Massachusetts.
| DEAL STATS | # |
|---|---|
| Overall | 5 of 9 |
| Sector (Information Technology) | 3 of 5 |
| Type (Divestiture) | 4 of 8 |
| State (California) | 3 of 3 |
| Country (United States) | 5 of 9 |
| Year (2016) | 2 of 2 |
| Size (of disclosed) | 3 of 5 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-09-12 |
EMC - Enterprise Content Division
Hopkinton, Massachusetts, United States EMC Corp. - Enterprise Content Division offers a suite of enterprise content management solutions with deep industry focus, including the Documentum ™, InfoArchive™, and LEAP™ product families. |
Sell | $1.6B |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-04-20 |
Spanning
Miami, Florida, United States Spanning is a provider of subscription-based backup and recovery for “born in the cloud” applications and data. Spanning solutions prevent business interruption due to data loss in Google Apps and Salesforce.com. The company provides powerful, enterprise-class data protection for G Suite, Salesforce, and Microsoft Office 365. Spanning Backup is the most trusted cloud-to-cloud backup solution for thousands of companies and millions of users around the world. Spanning was founded in 2010 and is based in Miami, Florida. |
Sell | - |
