Enterprise Information Management (EIM) technology provider OpenText announced today that it has entered into a definitive agreement to acquire privately-held Liaison Technologies for approximately $310 million in an all-cash transaction.
Liaison, founded in 2001 and based in Alpharetta Georgia, addresses the integration and data management technology sector offering a managed services approach for customers. The Liaison ALLOY® is a singular platform addressing both integration and data management workflows in B2B, application-to-application Cloud to Cloud and data management support needs. The platform is especially focused on healthcare and life sciences information integration needs. Other elements ALLOY include Lens®, addessing Cloud-based transaction and business activity monitoring support, and Contivo®, a data mapping and translation tool offering semantic integration technology and a centralized semantic metadata repository.
The company claims over 4000 customers and employs upwards of 470 employees.
The Liaison acquisition is one of many other tuck-in acquisitions that OpenText has executed in the past several months. These additional tuck-in acquisitions and internally developed added functionality have amounted to over $3 billion in investment and have molded the current and ongoing future direction of the OpenText Business Network.
According to the announcement, this acquisition is expected to further enhance OpenText’s offering in digital ecosystem and B2B and application-to-application integration as well as master data management capabilities.
The transaction is expected to close within 90 days subject to customary regulatory approvals and closing conditions.
Additional details related to integration Liaison into OpenText are not expected until after closing of the transaction. Until that time, both companies will continue to operate separately.
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