OpenText Sells Division for $2.3 Billion

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    • Jan 2009
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    OpenText Sells Division for $2.3 Billion

    OpenText, a key player in the tech sector, recently unveiled a significant shift in its business strategy. The company has agreed to sell its Application Modernization and Connectivity (AMC) business to Rocket Software, a firm backed by Bain Capital, for an impressive $2.275 billion in cash. The AMC division of OpenText is renowned for its...
    The post OpenText Sells Division for $2.3 Billion appeared first on Industry Analysts, Inc..


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