M&A Deal Summary

OpenText Acquires Ixos Software AG

On October 21, 2003, OpenText acquired information technology company Ixos Software AG from General Atlantic

Acquisition Highlights
  • This is OpenText’s 4th transaction in the Information Technology sector.
  • This is OpenText’s 2nd transaction in Germany.

M&A Deal Summary

Date 2003-10-21
Target Ixos Software AG
Sector Information Technology
Buyer(s) OpenText
Sellers(s) General Atlantic
Deal Type Add-on Acquisition

Target

Ixos Software AG

Grasbrunn, Germany
Ixos Software AG provides enterprise content management solutions. Its Enterprise Content Management solutions enable customers to create, deliver, and manage any content throughout and outside their enterprise, including business application data, documents, e-mail, Web pages, and media.

Search 214,744 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

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 11 of 45
Sector: Information Technology M&A 4 of 15
Type: Add-on Acquisition M&A Deals 8 of 36
Country: Germany M&A 2 of 2
Year: 2003 M&A 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2003-10-16 Gauss Interprise AG

Hamburg, Germany

Gauss Interprise AG is a developer of Web content management software and provision of related services in the United States and Europe.

Buy -
FOLLOWING 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 -

Seller(S) 1

SELLER

General Atlantic

Investor Investor Investor Investor Investor


Category Growth Capital Firm
Founded 1980
PE ASSETS 105.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

General Atlantic is a large private equity firm that invests globally in growth-oriented public and private companies. Broad areas of interest include financial services, media and consumer, healthcare, enterprise solutions, communications and electronics, and energy. General Atlantic looks to invest $40 to $400 million in transactions that support growth, expansions, buy-outs, consolidations and build-ups. General Atlantic seeks to make 8 to 12 investments per year with an investment horizon of five to ten years. The Firm's geographic coverage spans North America; Europe; Asia/Pacific; and India. General Atlantic was formed in 1980 and is based in New York, New York.


DEAL STATS #
Overall 9 of 166
Sector: Information Technology M&A 2 of 28
Type: Add-on Acquisition M&A Deals 4 of 50
Country: Germany M&A 1 of 9
Year: 2003 M&A 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2003-08-25 TDS Informationstechnologie AG

Neckarsulm, Germany

German provider of IT outsourcing, HR services, and IT consulting to mid-size enterprises and major corporations, predominantly in Germany, Austria and Switzerland.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2003-12-19 EXE Technologies

Dallas, Texas, United States

EXE Technologies, Inc. develops software that focuses on supply chain execution processes, including warehouse management, fulfillment, collaboration, inventory management, and supply network execution.

Sell -