OpenText Acquires Creative Collaboration and File Sharing Solution Provider Hightail
Creative Collaboration and File Sharing Solutions to Enhance Content Services
OpenText, a global leader in Enterprise Information Management (EIM), announced that it has acquired Hightail, Inc., formerly known as YouSendIt, a leading cloud service for file sharing and creative collaboration with approximately 5.5 million customers globally spanning enterprise accounts, paid subscribers, and individual consumers.
“The acquisition of Hightail underscores our commitment to delivering differentiated content solutions in the cloud that enable marketers and creative professionals to share, produce, and securely collaborate on digital content. We are pleased to welcome Hightail customers and employees to OpenText,” said Mark J. Barrenechea, OpenText Vice Chairman, CEO and CTO.
Barrenechea added further, “I am excited about expanding Hightail capabilities as well as integrating Hightail into OpenText Content Suite, Documentum, Core, and Media Management, allowing our customers to seamlessly and securely collaborate with external trading partners and vendors.”
Hightail is not expected to contribute significant revenue to OpenText’s results for the fiscal third quarter ending March 31, 2018.
Last month, OpenText announced its 2018 Innovation Tour conference series. This global series of events will be held in nine cities around the world from February to May 2018. OpenText executives, including Mark J. Barrenechea, Vice Chairman, CEO and CTO; and Muhi Majzoub, EVP Engineering, will keynote at the events taking place in Tokyo, Singapore, Sydney, Paris, Munich, Amsterdam, Stockholm, Johannesburg and London.
Talking about the tour, Barrenechea had said, “The world is changing at an incredible pace, and the opportunities for businesses to grow, differentiate, and compete through digital technology have never been more dramatic than today. At OpenText, we are helping our customers drive strategic transformation by harnessing the power of their information through extreme automation and insight. By combining enterprise information with applications, security, the Business Network, the Internet of Things, and artificial intelligence, we are defining the future of digital.”
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