Cox Enterprises Acquires Majority Ownership of OpenGov
February 27, 2024
Cox Enterprises has made a majority investment in OpenGov, valuing the public-sector cloud software company at approximately $1.8 billion. The investment gives Cox control and is intended to accelerate OpenGov's cloud and AI product development while supporting long-term growth serving state and local governments across the United States.
- Buyers
- Cox Enterprises
- Targets
- OpenGov
- Industry
- Cloud & SaaS
- Location
- California, United States
- Transaction Type
- Buyout
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