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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