M&A Deal Summary

OpenText Acquires Microstar Software

On September 20, 1999, OpenText acquired software company Microstar Software

Acquisition Highlights
  • This is OpenText’s 3rd transaction in the Software sector.
  • This is OpenText’s 3rd transaction in Canada.
  • This is OpenText’s 3rd transaction in Ontario.

M&A Deal Summary

Date 1999-09-20
Target Microstar Software
Sector Software
Buyer(s) OpenText
Deal Type Add-on Acquisition

Target

Microstar Software

Ottawa, Ontario, Canada
Microstar Software Ltd. is a provider of structured information management solutions comprised of technology and services for Global 2000 companies. These solutions enable Microstar’s customers to effectively and economically create, manage and distribute their corporate knowledge assets. The company is recognized for its innovative standards-based solutions based on SGML and XML.

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Buyer(S) 1

Buyer

OpenText

Waterloo, Ontario, Canada

Category Company
Founded 1991
Sector Software
Employees21,400
Revenue 5.2B USD (2025)
DESCRIPTION

OpenText is an independent software provider of enterprise information management (EIM). Open Text was founded in 1991 and is based in Waterloo, Ontario.


DEAL STATS #
Overall 5 of 45
Sector: Software M&A 3 of 21
Type: Add-on Acquisition M&A Deals 4 of 36
State: Ontario M&A 3 of 6
Country: Canada M&A 3 of 8
Year: 1999 M&A 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1999-08-26 PSSoftware Solutions

Ottawa, Ontario, Canada

PSSoftware Solutions Ltd. is one of the original records management companies. With an international client base of more than 12,000 corporate and government users, PSSoftware has proven itself to be an industry-leading provider of integrated records management solutions. PSSoftware’s solutions add value to corporate information by managing the risk associated with increased audit, regulatory and litigation pressures.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2000-10-25 Bluebird Systems

Carlsbad, California, United States

Bluebird Systems develops and markets an integrated family of server components used to capture, index, secure, archive, distribute, and manage unstructured digital data and documents.

Buy -