OpenText Completes Acquisition of Dell EMC’s Enterprise Content Division (ECD), including Documentum
OpenText has announced the completion of its acquisition of Dell EMC's Enterprise Content Division, effective January 23, 2017. This acquisition, which also includes the popular Documentum suite as well as other core ECM products, carried a price tag of $1.62 billion and was funded by a combination of cash on hand, stocks, senior notes, and credit. Through this process, which has taken nearly a year, OpenText has made strides to ensure that ECD partners and their clients would experience as seamless of a transition as possible.