About This Deal

OPEN TEXT CORP acquired Operitel Corporation for $7.0 million, a transaction completed in September 2011, structured as cash.

Operitel Corporation is based in Peterborough, Ontario, Canada. Software company based in Peterborough, Ontario, Canada, specializing in building enterprise Learning Portal solutions, including social and mobile learning management that integrates with Microsoft SharePoint.

Adds strong e-learning capabilities to Open Text's solutions.

Deal Terms

Acquirer
OPEN TEXT CORP
Target
Operitel Corporation
Value
$7.0 million
Date
September 2011
Type
Acquisition
Status
Ready

Transaction Details

Target HQ
Peterborough, Ontario, Canada
Structure
Cash
Closed
September 1, 2011

Advisors

Advisory firms were not disclosed for this transaction.

Related Deals & Entities

Sources: SEC filing ↗

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