Business Process Management Company Metastorm Gets Acquired For $182 Million By OpenText

Waterloo, Ontario based management software company Open Text Corp. has acquired Baltimore based business process management company Metastorm for $182 million in cash. Open Text develops management software for commercial and government customers. The transaction is expected to close on March 31. [Baltimore Sun]

This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at
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