OpenText Corp. will sell its eDOCS legal document management system to NetDocuments Software Inc. for $163 million and use the proceeds to reduce its outstanding debt.
The Canadian Press on MSN
OpenText sells non-core business to NetDocuments for US$163 million
TORONTO — Open Text Corp. says it has signed a deal to sell part of its analytics portfolio to NetDocuments for US$163 million in cash.
TipRanks on MSN
Open Text Divests eDOCS Solution to NetDocuments
Open Text ( (TSE:OTEX) ) has issued an announcement. On October 2, 2025, Open Text Corporation announced a definitive agreement to divest its eDOCS on-premise solution, part of its Analytics ...
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