OpenText Acquires XMedius from StoneCalibre

March 9, 2020

OpenText Corporation has acquired XMedius, a Montreal-based provider of secure information exchange and unified communications solutions, from StoneCalibre for approximately $75 million in cash. XMedius, which generates roughly $40 million in annual revenue and operates on-premise and cloud communications products (including secure file exchange and digital fax), will be integrated to strengthen OpenText's secure information exchange, unified communications and cloud offerings.

Buyers
OpenText Corporation
Targets
XMedius
Sellers
StoneCalibre
Industry
Software
Location
Quebec, Canada
Transaction Type
Buyout

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