BRIEF-Opentext to buy certain customer experience software assets of HP Inc

Mon Apr 18, 2016 9:41am EDT
 
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April 18 (Reuters) - Open Text Corp :

* Open Text Corp says transaction purchase price is approximately $170 million

* Opentext signs definitive agreement to acquire certain customer experience software assets of HP Inc

* Customer experience software business being acquired is expected to generate between $85 mln and $95 mln of annualized revenues

* Open Text Corp says deal expected to be immediately accretive and be on Opentext operating model within first 12 months after closing Source text for Eikon: Further company coverage: