M&A Deal Summary

OpenText Acquires Micro Focus

On August 25, 2022, OpenText acquired software company Micro Focus for 6.0B USD

Acquisition Highlights
  • This is OpenText’s 21st transaction in the Software sector.
  • This is OpenText’s largest (disclosed) transaction.
  • This is OpenText’s 2nd transaction in the United Kingdom.

M&A Deal Summary
Date 2022-08-25
Target Micro Focus
Sector Software
Buyer(s) OpenText
Deal Type Add-on Acquisition
Deal Value 6.0B USD

Target

Micro Focus

Newbury, United Kingdom
Micro Focus is a provider of innovative software that allows companies to dramatically improve the business value of their enterprise applications. Micro Focus Enterprise Application Modernization, Testing and Management software enables customers’ business applications to respond rapidly to market changes and embrace modern architectures with reduced cost and risk. Micro Focus was founded in 1976 and is based in Newbury, the United Kingdom.

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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 43 of 45
Sector (Software) 21 of 21
Type (Add-on Acquisition) 35 of 36
Country (United Kingdom) 2 of 2
Year (2022) 1 of 1
Size (of disclosed) 1 of 27
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-24 Bricata

Columbia, Maryland, United States

Bricata is a cybersecurity solution provider that helps enterprises prevent or detect known threats, identify anomalies that could be threats, and also has the capability to hunt for threats already hiding inside the network. Bricata is based in Columbia, Maryland.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-08-23 KineMatik

Cork, Ireland

KineMatik provides workflow automation, document change control, project management and electronic lab notebook (ELN) solutions built on Opentext's content server. KineMatik was founded in 1999 and is based in Cork, Ireland.

Buy -
Mergr

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