OpenText’s $1.62 Billion acquisition of Dell EMC’s Enterprise Content Division

Pérez-Llorca acted as legal counsel for Spanish law of EMC Corporation

opentext.com (NASDAQ: OTEX) (TSX: OTC), a global leader in Enterprise Information Management (EIM), announced today that it has entered into a definitive agreement to acquire Dell EMC’s Enterprise Content Division (ECD), including Documentum. ECD offers a suite of leading Enterprise Content Management solutions with deep industry focus, including the Documentum ™, InfoArchive™, and LEAP™ product families.

Under the terms of the agreement, the software, associated services, and employees of ECD will be integrated into OpenText. The acquisition is expected to deepen OpenText’s EIM offering with a substantial portfolio focused on Enterprise Content Management (ECM) and Information Life Cycle Management. With strong industry offerings, expertise and footprints in healthcare, life sciences, and public sector, plus additional capacity in financial services, energy, and engineering, OpenText will further strengthen its vertical offerings, customer base, managed services, and geographical coverage. OpenText and Dell EMC also announced today their intention to negotiate and enter into a strategic commercial partnership to expand customer offerings and to better serve customer needs.

Pérez-Llorca acted as legal counsel for Spanish law of EMC Corporation with a team including Iván Delgado, Pablo Hontoria (M&A), Pablo Ulecia and Victoria von Richetti (Tax), Fernando Ruiz, Laura Pérez (Employment).

 

Involved fees earner: Iván Delgado – Perez-Llorca; Pablo Hontoria – Perez-Llorca; Pablo Ulecia – Perez-Llorca; Victoria von Richetti – Perez-Llorca; Fernando Ruiz – Perez-Llorca; Laura Pérez – Perez-Llorca;

Law Firms: Perez-Llorca;

Clients: EMC Corporation;

 

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Author: Ambrogio Visconti