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
NetDocuments for US$163 million in cash. The company says the business being sold is focused on automating the work of legal professionals. OpenText plans to use the proceeds of the sale to reduce ...
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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