M&A Deal Summary

OpenText Acquires LAVA Systems

On January 4, 1999, OpenText acquired information technology company LAVA Systems

Acquisition Highlights
  • This is OpenText’s 2nd transaction in the Information Technology sector.
  • This is OpenText’s 1st transaction in Canada.
  • This is OpenText’s 1st transaction in Ontario.

M&A Deal Summary
Date 1999-01-04
Target LAVA Systems
Sector Information Technology
Buyer(s) OpenText
Deal Type Add-on Acquisition

Target

LAVA Systems

Toronto, Ontario, Canada
LAVA Systems provides Business Process Enablement Solutions that support knowledge management environments. The firm develops, delivers and supports products LAVA Knowledge Management System and LAVA Business Process Enabler that improve the efficiencies of key business processes by enabling the full potential of applications and information sources for knowledge workers.

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Buyer(S) 1

Buyer

OpenText

Waterloo, Ontario, Canada
Category Company
Founded 1991
Sector Software
Employees23,700
Revenue 4.5B USD (2023)
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 3 of 45
Sector (Information Technology) 2 of 15
Type (Add-on Acquisition) 2 of 36
State (Ontario) 1 of 6
Country (Canada) 1 of 8
Year (1999) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1998-06-03 Information Dimensions

Dublin, Ohio, United States

Information Dimensions provides leading document and library management tools by delivering secure document management and library solutions via the Internet, intranets, and extranets for organizations with large, complex document collections.

Buy -
FOLLOWING 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 -
Mergr

Product

Company

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