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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