OpenText to Acquire Documentum

In case you missed it today, OpenText announced that it will purchase Dell-EMC’s Enterprise Content Division (ECD — including Documentum and LEAP among other products).  See the text of the announcement I received from Dell-EMC below (actual letter here).

Today, we are excited to announce that we have reached a definitive agreement with OpenText, a global leader in Enterprise Information Management, to combine the Dell EMC Enterprise Content Division (ECD) and its portfolio (including the Documentum, InfoArchive and LEAP families of products) with OpenText’s existing portfolio of products. We are pleased that this will open up new opportunities for ECD customers, partners and team members. The transaction is expected to close in 90 to 120 days. Terms of the agreement can be viewed in the press release.

In determining the best long-term future for ECD, we wanted to create a business with a leading position in Enterprise Information Management. We looked for a partner that shares our vision for the transformation to digital business, our passion for the role of information in the digital world, and the breadth of capabilities to help our customers like you realize that vision. We also sought a partner that shares our commitment to deliver a world-class total customer experience. And, we wanted a partner that values the industry knowledge, innovative mindset and unique talents of our team. I am very pleased to say that we found all of that in OpenText, an industry leader with 9,200 professionals worldwide.

After the transaction closes, we expect that you will continue to realize value from your ECD investments and gain additional value from OpenText’s enriched portfolio, whose complementary strengths will produce a leader in both ECM and EIM: an organization with the financial strength, talent base, and global go-to-market scale to best serve your organization and its needs.

Additionally, Dell EMC and OpenText will work closely together after the transaction closes for the benefit of our mutual customers. To underscore our joint commitment, OpenText and Dell EMC also announced today our intent to enter into a strategic commercial partnership to expand customer offerings and better serve customer needs.

We are fully committed to providing you with world-class support to ensure your ongoing success during this transition. We believe today’s announcement is great news for you and all of our stakeholders, and we hope you are pleased about the opportunity ahead.

There will be a be a webcast on Sept 14 to discuss the purchase, and presumably what it means for customers and partners.  Register here.

Now you know.

UPDATE:  Blog post form Rohit Ghai.

UPDATE:  Really great analysis from my friends at TSG.

UPDATE:  ECD OpenText FAQ – Partners Only!


About Scott
I have been implementing Documentum solutions since 1997. In 2005, I published a book about developing Documentum solutions for the Documentum Desktop Client (ISBN 0595339689). In 2010, I began this blog as a record of interesting and (hopefully) helpful bits of information related to Documentum, and as a creative outlet.

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