M&A Deal Summary

OpenText Acquires Nstein Technologies

On February 22, 2010, OpenText acquired internet software and services company Nstein Technologies from Viavar Capital

Acquisition Highlights
  • This is OpenText’s 1st transaction in the Internet Software and Services sector.
  • This is OpenText’s 7th transaction in Canada.
  • This is OpenText’s 1st transaction in Quebec.

M&A Deal Summary

Date 2010-02-22
Target Nstein Technologies
Sector Internet Software and Services
Buyer(s) OpenText
Sellers(s) Viavar Capital
Deal Type Add-on Acquisition
Advisor(s) Pagemill Partners (Financial)

Target

Nstein Technologies

Montreal, Quebec, Canada
Nstein Technologies develops and markets leading-edge content management software for the media, publishing and entertainment industries. Its Ntelligent Content Management Suite enables the centralization, enrichment and publication of textual and rich media assets using advanced text mining. Nstein helps publishers significantly increase their content monetization and reduce their operational costs through cross media publishing and multichannel delivery. Nstein is headquartered in Montreal, Canada, with offices in the USA and Europe.

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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 19 of 45
Sector (Internet Software and Services) 1 of 7
Type (Add-on Acquisition) 14 of 36
State (Quebec) 1 of 2
Country (Canada) 7 of 8
Year (2010) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-05-06 Vignette

Austin, Texas, United States

Vignette is proud to be a part of Open Text, a global leader in Enterprise Content Management. Together, our Web content management, portal and collaboration solutions provide the backbone for dynamic Web experiences. The world’s leading organizations rely on Vignette to power their business-critical Web and e-business solutions and to deliver benefits such as increased customer loyalty, revenue generation, productivity and costs savings.

Buy $310M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-10-27 StreamServe

Burlington, Massachusetts, United States

StreamServe, Inc. is a provider of enterprise content management solutions for banking, supply chain, insurance, and utilities industries.

Buy $71M

Seller(S) 1

SELLER

Viavar Capital

Montreal, Quebec, Canada

Category Private Equity Firm
Founded 2002
Size Small
Type Sector Agnostic
DESCRIPTION

Viavar Capital is a self-funded Canadian private equity group. The Firm targets buyouts/buy-ins, growth capital financings, shareholder buybacks, and non-core divestitures. Viavar looks to invest up to $10 million per transaction and will consider both majority and minority positions. Viavar will not invest in biotech, startups, or turnarounds. Viavar Capital was formed in 2002 and is based in Montreal, Quebec.


DEAL STATS #
Overall 1 of 2
Sector (Internet Software and Services) 1 of 1
Type (Add-on Acquisition) 1 of 2
State (Quebec) 1 of 2
Country (Canada) 1 of 2
Year (2010) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-05-07 Nstein Technologies

Montreal, Quebec, Canada

Nstein Technologies develops and markets leading-edge content management software for the media, publishing and entertainment industries. Its Ntelligent Content Management Suite enables the centralization, enrichment and publication of textual and rich media assets using advanced text mining. Nstein helps publishers significantly increase their content monetization and reduce their operational costs through cross media publishing and multichannel delivery. Nstein is headquartered in Montreal, Canada, with offices in the USA and Europe.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-11-04 Quazal Technologies

Montreal, Quebec, Canada

Quazal Technologies, Inc. delivers multiplayer technologies to videogames market. They offers two product lines Quazal Net-Z and Rendez-Vous. Quazal Net-Z is the most advanced distributed game state engine available on the market, providing game developers with an easy-to-use SDK that packs all the features required for videogames, from real-time data propagation for fast-paced games to synchronized game inputs for deterministic simulations. Quazal Rendez-Vous is a fully featured lobby server that hosts game communities on all gaming platforms. The hosting services range from basic ranking and matchmaking to complex tournaments to game-tailored services.

Sell -