OpenText Buys KineMatik

OpenText

OpenText (NASDAQ: OTEX), (TSX: OTEX), a Waterloo, Canada-based information company, acquired KineMatik, a Cork, Ireland-based provider of workflow automation, document change control, project management and electronic lab notebook (ELN) solutions.

The amount of the deal was not disclosed.

With the acquisition, OpenText will expand its offerings. The purchase is not material to OpenText financial results.

KineMatik provides workflow automation, Document Change Control, Project Management and Electronic Lab Notebook (ELN) solutions built on OpenText’s Content Server to organizations in life science, technology, finance, energy and other industries.

Led by OpenText CEO & CTO Mark J. Barrenechea, OpenText, The Information Company™, enables organizations to gain insight through information management solutions, empowered by OpenText Cloud Editions.

FinSMEs

23/08/2023