Industry News Desk
OpenText Buys GXS
Combines OpenText's Information Exchange portfolio with GXS's cloud-based business-to-business integration services
By: Liz McMillan
Jan. 21, 2014 08:00 AM
OpenText Corporation has announced that it has completed its acquisition of GXS Group, Inc. (GXS), expanding OpenText's leadership in EIM by combining OpenText's Information Exchange portfolio with GXS's cloud-based business-to-business integration services and managed services.
"I am delighted to welcome GXS customers, partners, trading community and employees to OpenText," said OpenText CEO Mark J. Barrenechea. "We are committed to leading Enterprise Information Management with the market's best products and cloud-based services. Our combined cloud will now manage over 16 billion transactions per year, approximately 600,000 trading partners and 40,000 customers."
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