Waterloo-based OpenText is set to acquire Georgia-based cloud enterprise company Liaison for $310 million.
Liaison provides integration to data management solutions for enterprises, and the company has flagship products allowing the healthcare sector to integrate data sources from research, clinical, claims, clinical trials, financial, risk and operational areas. Liaison said it has over 7,000 customers in 46 countries, with offices in the United States, the Netherlands, Finland, Sweden, the United Kingdom, and Singapore.
OpenText said the acquisition would help it target sectors like life sciences and healthcare, and enter emerging markets like integration platform-as-a-service (iPaaS) with a managed services approach.
OpenText’s past acquisitions to bolster its platform include California-based file-sharing solution Hightail in February 2018, and Guidance Software for $300 million last year.
Feature photo via Unsplash.