OPEN TEXT CORP acquires HP Inc. Customer Communications Management assets (Exstream)

OPEN TEXT CORP acquired HP Inc. Customer Communications Management assets (Exstream), a transaction completed in August 2016, structured as Asset acquisition (carve-out of HP Inc. CCM software assets).

HP Inc. Customer Communications Management assets (Exstream) operates in Customer Experience / Customer Communications Management, is based in United States. OpenText agreed to acquire the Customer Communications Management (CCM) assets of HP Inc. The assets included HP Exstream, HP Output Management, HP TeleForm and HP LiquidOffice, spanning customer communications management, process automation and document delivery. OpenText substantially completed the closing on August 1, 2016.

OpenText expected the CCM assets to complement OpenText StreamServe, MediaManager, TeamSite and MediaBin, adding authoring, workflow and composition capabilities for multichannel document presentment and interactive communications.

Advisory firms were not disclosed for this transaction.

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