The acquisition is now finalised; Canadian OpenText, the global leader in Enterprise Information Management, sent out a press release yesterday (23rd January) announcing the completion of their acquisition of Dell EMC’s Enterprise Content Division – a division of widely known ECM software such as Documentum, Kazeon, LEAP and the newest player, InfoArchive.
Documentum is especially one of the preferred choices within the Life Sciences industry, which successfully could get OpenText settled in a market, where they are not yet among the front runners.
There are of course new competition OpenText must face – in the Life Science market and in general. Smaller vendors are slowly, but according to Gartner (Magic Quadrant) surely, taking more shares of the ECM market.
It seems this acquisition complement OpenText’s extensive software areas making their position in the market stronger. That is if Documentum clients trust the change in its ownership.
What will happen the next few months and the rest of 2017 will be interesting and definitely followed intensely – especially by the partners. Opinions may differ greatly, however, OpenText’s record shows not to underestimate their strategic decisions too soon.