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.
"I want to personally welcome every Documentum, InfoArchive, and LEAP customer and partner to the OpenText family," said OpenText's CEO and CTO Mark J. Barrenechea, "and express our commitment to helping you maximize your investments in ECM technologies. We will continue to innovate, invest in, and provide full support for the Documentum portfolio, as well as our existing ECM solutions. With OpenText you now have a business partner that is as focused on the success of your company’s digital future as you are.
Rest assured that maintaining and improving your customer experience is a key objective as we move through the integration process. Your satisfaction and continued patronage is important to us and we plan to make the transition to OpenText as seamless as possible. We have no plans to change your existing service levels, and intend to fully leverage the expertise of the ECD team."
As PaperFree is heavily invested in the ECD products involved in this acquisition, it has taken a keen interest in the process as it unfolds. Fortunately, we have seen no interruptions in our ability to provide exceptional products to serve our customers' content management needs and are optimistic about the ongoing relationship with OpenText as it becomes the new provider for our core products.
To learn more about the products OpenText recently acquired, please visit the Documentum, InfoArchive, and LEAP pages on our site.