fertuniversal.blogg.se - Dell emc corp

#Dell emc corp registration#
#Dell emc corp software#
#Dell emc corp plus#

#Dell emc corp software#

OpenText is the largest independent software provider of Enterprise Information Management (EIM). More information can be found in our presentation at.

#Dell emc corp registration#

This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities, in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. on Septemand can be accessed by dialing 1-85 (toll-free) or +1-60 (international) and using passcode 0802 followed by the number sign. Alternatively, a live webcast of the conference call will be available on the Investor Relations section of the Company's website at .Ī replay of the call will be available beginning Septemat 10:30 a.m. Please dial-in 15 minutes ahead of time to ensure proper connection. PT) by dialing 1-80 (toll-free) or +1-60 (international). The public is invited to listen to the OpenText conference call today at 9:00 a.m. Today's news is great for all stakeholders." Importantly, OpenText also shares our commitment to deliver a world-class total customer experience. OpenText 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 realize that vision. "In determining the best long-term future for ECD, we wanted to create a business with a leading position in Enterprise Information Management.

"ECD provides great value for customers, and we are pleased that this will be enhanced as part of OpenText," said David Goulden, President, Dell EMC. LLC acted as exclusive financial advisor to Dell Technologies in connection with the transaction. The acquisition is not subject to a financing condition. As such, the permanent financing may include elements of cash on hand, new borrowings under credit facilities, and newly issued equity. Although the exact components of the permanent financing for the acquisition are yet to be determined, OpenText's objective is to maintain a conservative capital structure, including preserving its current credit ratings.

Subject to regulatory approvals and customary closing conditionsīarclays acted as a financial advisor to OpenText and provided a $1.0 billion debt commitment in support of the transaction.

Expect the transaction to close within 90 to 120 days.

Targeting to be immediately accretive to earnings.

Targeting to onboard to the OpenText operating model within the first 12 months.

Purchase price is 2.7 times ECD FY15 revenue of $599M.

We are very excited about the opportunities which ECD and Documentum bring, and I look forward to welcoming our new customers, employees, and partners to OpenText." "This acquisition further strengthens OpenText as a leader in Enterprise Information Management, enabling customers to capture their Digital future and transform into information-based businesses. "We are at the beginning of the Digital revolution where extreme connectivity, automation, and computing are converging," said OpenText CEO and CTO Mark J.

OpenText and Dell EMC also announced today their intention to negotiate and enter into a strategic commercial partnership to expand customer offerings and to better serve customer needs.

#Dell emc corp plus#

With strong industry offerings, expertise and footprints in healthcare, life sciences, and public sector, plus additional capacity in financial services, energy, and engineering, OpenText will further strengthen its vertical offerings, customer base, managed services, and geographical coverage. The acquisition is expected to deepen OpenText's EIM offering with a substantial portfolio focused on Enterprise Content Management (ECM) and Information Life Cycle Management. Under the terms of the agreement, the software, associated services, and employees of ECD will be integrated into OpenText.