OpenText buys HP capture and output management products

HP is selling a range of its enterprise software platforms to Open Text for $US315 million, including the Teleform forms processing application and HP Exstream, HP Output Management, and HP LiquidOffice for customer communications management, process automation and document delivery solutions.

Open Text says the new acquisitions will enhance its capabilities for authoring, workflow and composition for multichannel document presentment and interactive communications.

The solutions being acquired are expected to generate between $US110 million and $US125 millions in annualised revenue.

OpenText and HP say they are also exploring opportunities to work together in the future to expand their software solutions to customers and serve a range of needs.

The deal comes two months after Open Text bought a set of content management software tools from HP for about $US170 million.


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