OpenText Completes Acqusition of Cloud Identity Management Platform Covisint

OpenText

 OpenText™, a global leader in Enterprise Information Management (EIM), announced that it has completed the closing of the previously announced acquisition of Covisint, the leading Cloud platform for building digital identity management, Internet of Things (IoT) applications, and automotive and transportation supply chains.

Mark J. Barrenechea
Mark J. Barrenechea Opentext

“Digital identity management, the Internet of Things, and B2B collaboration are at the heart of today’s digital revolution where extreme connectivity, automation, and computing are converging,” said OpenText CEO and CTO Mark J. Barrenechea. “The Covisint platform underscores our commitment to enabling our customers to be digital leaders and unlocking the value of their information through automation, analytics, and artificial intelligence. We are pleased to welcome Covisint customers, partners, and employees to OpenText today.”

In January,  OpenText had announced the acquisition of Guidance Software, the makers of EnCase®, the gold standard in forensic security, that includes digital discovery solutions and endpoint information security. The acquisition of Guidance was expected to complement the OpenText Discovery portfolio of software and services that provide search, extraction, classification, review, and analysis of information, and to broaden OpenText Information Security capabilities through the addition of digital investigation, forensic security, and endpoint solutions.

The company recently announced The OpenText Elite™ Customer Awards, presented annually at Enterprise World, which recognizes organizations that have delivered innovative solutions to accelerate business processes, transform information, maximize data insights and simplify supply chain challenges. The Partner of the Year Awards recognizes OpenText partners’ commitment to enabling the digital world and providing their customers with solutions for a better way to work.

“Every year, we recognize the incredible progress and achievements of our OpenText customers,” said Mark J. Barrenechea, CEO and CTO of OpenText. “It is critical that organizations are able to navigate the new challenges of the new digital world, and this year’s recipients are at the forefront of this transformation, driving competitive advantage from digital disruption. The OpenText Elite™ Customer Award winners have embraced digital at the very core of their organizations, and accepted digitization as a key part of their strategy. Congratulations to all our 2017 Customer Award winners.”

“OpenText relies on the value its partner network brings to its solutions, and we only work with the best, whether they’re resellers, technology partners, or service and solution providers,” said Adam Howatson, CMO at OpenText. “Our partners are a key part of our business, and core to our strategy. Simply put, partners help us win, and provide critical value and support for our customers. Congratulations to our 2017 Partner of the Year Award winners.”

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