M&A Deal Summary

OpenText Acquires Quest Software - Vista Plus Product Suite

On August 31, 2004, OpenText acquired software company Quest Software - Vista Plus Product Suite from Quest for 24M USD

Acquisition Highlights
  • This is OpenText’s 9th transaction in the Software sector.
  • This is OpenText’s 22nd largest (disclosed) transaction.
  • This is OpenText’s 7th transaction in the United States.

M&A Deal Summary
Date 2004-08-31
Target Quest Software - Vista Plus Product Suite
Sector Software
Buyer(s) OpenText
Sellers(s) Quest
Deal Type Divestiture
Deal Value 24M USD

Target

Quest Software - Vista Plus Product Suite

United States
Quest Software - Vista Plus Product Suite captures and stores business-critical information from packaged applications like Oracle E-Business Suite, PeopleSoft and mySAP as well as custom and mainframe legacy environments. Vista provides a strong platform from which to address report content found in ERP applications, and business intelligence (BI) software from Cognos, Business Objects, Crystal Reports and others.

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Buyer(S) 1

Buyer

OpenText

Waterloo, Ontario, Canada

website

Category Company
Founded 1991
Sector Software
Employees14,300
Revenue 3.5B USD (2022)
DESCRIPTION

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 13 of 44
Sector (Software) 9 of 21
Type (Divestiture) 3 of 7
Country (United States) 7 of 31
Year (2004) 2 of 2
Size (of disclosed) 22 of 27
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2004-08-03 Artesia Technologies

Rockville, Maryland, United States

Artesia Technologies is a market leader in the Internet infrastructure software known as Digital Asset Management (DAM). Its core product, TEAMS, is enterprise-class software that enables organizations to better manage their digital assets - video, audio, images, and text - and leverage them for both internal process improvement and external marketing and revenue enhancement opportunities.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2006-10-02 Hummingbird

Toronto, Ontario, Canada

Hummingbird Ltd. is an enterprise software and solutions company that specializes in the development of decision-enabling web-based work environments.

Buy $489M

Seller(S) 1

SELLER

Quest

Aliso Viejo, California, United States

website

Category Company
Sector Software
DESCRIPTION

Quest is a provider of a broad suite of integrated infrastructure software for managing systems, data, and applications. Quest helps organizations be IT resilient by protecting and powering users, endpoints and data, as well as by hardening cybersecurity systems. Quest is based in Aliso Viejo, California.

DEAL STATS #
Overall 1 of 1
Sector (Software) 1 of 1
Type (Divestiture) 1 of 1
Country (United States) 1 of 1
Year (2004) 1 of 1
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-06-22 ScriptLogic

Boca Raton, Florida, United States

ScriptLogic Corp. is a provider of software solutions for network administration.

Buy -
Mergr

Product

Company

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