OpenText Acquires Hightail | IT World Canada News


OpenText Corp. has bought Hightail Inc., a U.S corporate that focuses on cloud-based report sharing, the Waterloo device company introduced this morning.

Hightail, previously referred to as YouSendIt, has roughly five.five million consumers globally, a lot of whom paintings within the undertaking box.

OpenText says the purchase expands their content material collaboration marketplace via Hightail’s current person base.

“I’m desirous about increasing Hightail functions in addition to integrating Hightail into OpenText Content material Suite, Documentum, Core, and Media Control,” mentioned Mark Barrenechea, OpenText Vice president, CEO and CTO.

In November, OpenText announced the supply of OpenText Unlock 16 Enhancement Pack three (EP3), which delivered upgraded analytics; higher AI, Web of Issues (IoT), and knowledge safety functions. They’re going to even be introduced throughout the corporate’s Magellan platform, launched at OpenText’s Endeavor International in Toronto July 11.

OpenText made a number of giant strikes in 2017. In January, it bought Dell EMC’s undertaking content material department the Documentum emblem for $1.62 billion USD in money and inventory. The deal used to be first introduced Sept. 12, 2016, and in addition incorporated the  InfoArchive and LEAP product households, which introduced the corporate’s overall worker base to greater than 10,000.  It additionally purchased Covisint, a US-based knowledge generation corporate, for $103 million USD in July 2017, and Guidance Software, a forensic safety corporate, for $222 million in September 2017.

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Updated: February 14, 2018 — 4:09 pm
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