OpenText Acquires Hightail

This press announcement by OpenText highlights the acquisition and proposed use of the creative collaboration and file sharing solutions from Hightail to enhance OpenText content services. While not directly addressed in the release as a component of OpenText’s eDiscovery plans, it is reasonable to highlight that the transfer and ingestion of large data sets can be a challenge for eDiscovery practitioners, a fact highlighted in recent eDiscovery software provider announcements around data transfers.

Editor’s Note: This press announcement by OpenText highlights the acquisition and proposed use of the creative collaboration and file sharing solutions from Hightail to enhance OpenText content services. While not directly addressed in the release as a component of OpenText’s eDiscovery plans, it is reasonable to highlight that the transfer and ingestion of large data sets can be a challenge for eDiscovery practitioners, a fact highlighted in recent eDiscovery software provider announcements around data transfers.

Press Announcement from OpenText

OpenText™, a global leader in Enterprise Information Management (EIM), announced today (February 14, 2018) that it has acquired Hightail, Inc. (“Hightail”), formerly known as YouSendIt, a leading cloud service for file sharing and creative collaboration with approximately 5.5 million customers globally spanning enterprise accounts, paid subscribers, and individual consumers.

“The acquisition of Hightail underscores our commitment to delivering differentiated content solutions in the cloud that enable marketers and creative professionals to share, produce, and securely collaborate on digital content,” said Mark J. Barrenechea, OpenText Vice Chairman, CEO and CTO.  “We are pleased to welcome Hightail customers and employees to OpenText today.” 

Barrenechea further added, “I am excited about expanding Hightail capabilities as well as integrating Hightail into OpenText Content Suite, Documentum, Core, and Media Management, allowing our customers to seamlessly and securely collaborate with external trading partners and vendors.”

Hightail is not expected to contribute significant revenue to OpenText’s results for the fiscal third quarter ending March 31, 2018.

About OpenText

OpenText, The Information Company™, enables organizations to gain insight
through market leading information management solutions, on-premises or in the cloud. For more information about OpenText visit opentext.com.

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