OpenText - M&A Summary and Business Overview

SoftwareCompany

OpenText M&A Summary

OpenText has acquired 50 companies, including 7 in the last 5 years. A total of 22 acquisitions came from private equity firms.

OpenText’s largest acquisition to date was in 2022, when it acquired Micro Focus International for $6.0B. OpenText has acquired in 11 different US states, and 5 countries. The Company’s most targeted sectors include software (48%) and information technology (35%).

OpenText Business Overview

Where is OpenText headquartered?

OpenText is headquartered in Waterloo, Ontario.

What is OpenText’s revenue?

OpenText disclosed revenue of 3,494M USD for 2022 and 3,386M USD for 2021.

How many employees does OpenText have?

OpenText has 14,300 employees.

What sector is OpenText in?

OpenText is a software company.

When was OpenText founded?

OpenText was founded in 1991.

M&A Summary

  • M&A Total Activity44
    • M&A Buy Activity44
  • Total Sectors Invested 5
  • Total Countries Invested 5
  • M&A Buy/Sell Connections 27
  • M&A Advisors 5

OpenText

OpenText Corp.

275 Frank Tompa Drive,
Waterloo, Ontario N2L 0A1
Canada,
(519) 888-7111
www.opentext.com

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


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (1.0/yr) # 39 1 2 1 1 - 44
vol $8.9B $75M $860M $6.0B $15.9B
Sell (0.0/yr) # - - - - - - 0
  44

Most Recent M&A

Company Date Value Type
KineMatik Ltd. 2023-08-23 - Add-on Acquisition
Cork, Ireland · www.kinematik.com
Micro Focus International Plc 2022-08-25 6.0B USD Add-on Acquisition
Newbury, United Kingdom · www.microfocus.com
Bricata, Inc. 2021-11-24 - Add-on Acquisition
Columbia, Maryland · www.bricata.com
Zix Corp. 2021-11-08 860M USD Add-on Acquisition
Dallas, Texas · www.zix.com
XMedius Solutions, Inc. 2020-03-09 75M USD Add-on Acquisition
Montreal, Quebec · www.xmedius.com
Carbonite, Inc. 2019-11-11 1.4B USD Add-on Acquisition
Boston, Massachusetts · www.carbonite.com
Catalyst Repository Systems, Inc. 2019-01-31 75M USD Add-on Acquisition
Denver, Colorado · www.catalystsecure.com
Liaison Technologies, Inc. 2018-10-31 310M USD Add-on Acquisition
Alpharetta, Georgia · www.liaison.com
Hightail, Inc. 2018-02-14 - Add-on Acquisition
Campbell, California · www.hightail.com
Guidance Software, Inc. 2017-07-26 240M USD Add-on Acquisition
Pasadena, California · www.guidancesoftware.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Software 21 (48%) 8.3B (52%) - -
Information Technology 15 (34%) 5.4B (34%) - -
Internet Software and Services 6 (14%) 1.8B (11%) - -
Business Services 1 (2%) 71M (< 1%) - -
Communications 1 (2%) 315M (2%) - -
Total 44 $15.9B - -

By Geo

State/Country Buy Value Sell Value
United States 31 9.3B - -
  California 8 2.6B - -
  Texas 4 1.4B - -
  Maryland 4 1.3B - -
  Massachusetts 3 3.1B - -
  Washington 2 136M - -
  Michigan 2 203M - -
  Georgia 2 310M - -
  Ohio 1 - - -
  Colorado 1 75M - -
  Arizona 1 - - -
Canada 8 576M - -
  Ontario 6 501M - -
  Quebec 2 75M - -
Germany 2 - - -
United Kingdom 2 6.0B - -
Ireland 1 - - -
Domestic 8 (18%) 576M (4%) - -
Cross-border 36 (82%) 15.3B (96%) - -
Total 44 $15.9B - -

Top M&A Advisors

Financial Deals
Barclays Investment Bank
2
Citigroup Investment Banking
1
Lazard Ltd.
1
Legal Deals
Allen & Overy
1
Cleary Gottlieb Steen & Hamilton
1

Deal Values

buy # Total
> $1B 5 $11.8B
$100M to $1B 12 $3.7B
< $100M 10 $378M
TOTAL $15.9B
Largest Micro Focus International Plc
$6.0B (2022-08-25)

M&A Connections

Deals
Acquired from
Investor(s)
36%
16 (36%)
Strategic(s)
16%
7 (16%)

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