Open Text has bought a suite of HP software assets for $170 million (USD).
The cash deal sees the Canadian tech titan take ownership of HP TeamSite, HP MediaBin, HP Qfiniti, HP Explore, HP Aurasma, and HP Optimost.
TeamSite is a web content management platform; MediaBin is a digital asset management system; and Qfiniti is a workforce optimization system.
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Open Text forecasts the newly acquired assets to generate up to $95 million US in annual revenues.