Open Text
Assembly Line
OpenText to Divest Application Modernization and Connectivity (AMC) Business to Rocket Software for $2.275B
Open Text Corporation (NASDAQ: OTEX), (TSX: OTEX), today announced that it has reached a definitive agreement to divest its AMC business to Rocket Software, Inc., a Bain Capital portfolio company (“Rocket Software”), for US$2.275 billion in cash. OpenText’s AMC business provides market leading mainframe modernization and connectivity software to more than 10,000 customers enabling them to run mission-critical business applications in hybrid cloud environments.
Costco EDI compliance made easy
Costco Wholesale is a multi-billion dollar global retailer with warehouse club operations in eight countries. To be stocked in Costco, all suppliers – even small businesses – need to become a preferred Costco EDI supplier. You can stay competitive and achieve Costco EDI compliance with our small business EDI solution, OpenText™ Freeway Cloud.
OpenText™ Freeway Cloud provides an easy and affordable solution to B2B connectivity with Costco EDI compliance. Ideal for small to mid-size businesses, OpenText Freeway Cloud reduces the manual labor of paper transactions and meets Costco EDI needs without requiring in-house EDI expertise or a dramatic shift in staffing.