Quantcast
Last updated on April 18, 2014 at 21:21 EDT

OpenText Acquires Resonate Knowledge Technologies

March 6, 2013

Provides industry leading ECM user experience, content visualization,
reporting and industry application development platform

WATERLOO, ON, March 6, 2013 /PRNewswire/ – OpenText(TM) (NASDAQ: OTEX, TSX: OTC),
a global leader in Enterprise Information Management (EIM), today announced it has acquired Resonate Knowledge Technologies (Resonate KT), a leading provider of software that enables
organizations to visualize unstructured data, create new user
experiences for Enterprise Content Management (ECM) and xECM for SAP,
as well as build industry based applications that maximize unstructured
data residing within Content Server, a key component of the OpenText ECM suite.

OpenText ECM customers can gain a simple, flexible user experience, a
powerful reporting engine, and a development platform that provides a
competitive advantage over other ECM vendors and platform technologies.
Resonate KT products are used by more than 500 OpenText customers in 20
countries. Key products from Resonate KT include WebReports, WebReports
Extensions for Workflow, ActiveView, and ActiveView Mobile. Resonate KT
products will remain part of the rich suite of extensions available to
enhance ECM and xECM for SAP.

Resonate KT’s software makes ECM easy by providing a superior out of the
box OpenText ECM user experience and a developer platform for customers
to build their own applications. Customers using ECM solutions from
OpenText will benefit from reduced time and complexity of their
deployments, accelerated user adoption, and powerful reporting and
content visualization on desktop, web and mobile devices.

“OpenText customers will be able to easily visualize their information,
build applications, extract information and drive faster adoption of
EIM through the use of Resonate KT software,” said OpenText CEO Mark J.
Barrenechea. “I was impressed with Resonate KT’s software the first
time I saw it. Resonate KT’s products are deeply integrated into
OpenText Content Server, which will help customers gain great value. We
welcome Resonate KT’s staff and customers to OpenText.”

“While organizations rely on their data and business content to make the
right decisions in a timely manner, access is often difficult. As a
long-standing partner of OpenText, we are passionate about providing
global clients the ability to bring together their data and business
content, within the context of their business processes,” said Greg
Petti, senior director of product technology, Resonate Knowledge
Technologies. “By becoming an integral part of OpenText, we will offer
a wider scope of customers the ability to bring together structured
data, documents, forms, emails, workflows within contextual, real time
views and dashboards that are simply not available elsewhere. We are
thrilled by becoming a part of the world’s leading provider of EIM
solutions.”

OpenText ECM software, one of the five foundational pillars of OpenText’s Enterprise Information Management (EIM) strategy, unites records management, archiving, search and eDiscovery to
minimize organizational risk and cost, and maximize business insight
and efficiency. From information capture, to classification,
management, storage, distribution, archiving, and disposition,
Enterprise Content Management software manages the flow of information
across the organization. Fast and seamless access from multiple
environments–web, desktop, mobile, within business processes and
applications–improves user productivity and organizational efficiency
while addressing the organizational requirements for information
governance and security.

To learn more about OpenText EIM:

        --  Read the blog of
            Mark Barrenechea, OpenText's CEO
        --  Visit the
            OpenText EIM Resource Center,
            where you can review the latest customer videos, whitepapers
            and more
        --  Come meet with us in person at our upcoming
            OpenText EIM Days
        --  Follow OpenText on Twitter
            @opentext and on
            Facebook at

http://www.facebook.com/opentext

About Resonate Knowledge Technologies
Resonate KT is the developer behind the leading WebReport and ActiveView
frameworks for OpenText(TM) Content Server. These solutions uniquely
streamline business processes, providing role-based information in the
form of management dashboards, integrated reports and process driven
applications that aid user adoption and deliver business value. To
learn more about Resonate KT, please visit: http://www.resonatekt.com/.

About OpenText
OpenText provides Enterprise Information Management software that
enables companies of all sizes and industries to manage, secure and
leverage their unstructured business information, either in their data
center or in the cloud. Over 50,000 companies already use OpenText
solutions to unleash the power of their information. To learn more
about OpenText (NASDAQ: OTEX; TSX: OTC), please visit: www.opentext.com.

About Transaction
Details of the transaction, which closed today, were not disclosed.

Certain statements in this press release may contain words considered
forward-looking statements or information under applicable securities
laws. These statements are based on OpenText’s current expectations,
estimates, forecasts and projections about the operating environment,
economies and markets in which the company operates. These statements
are subject to important assumptions, risks and uncertainties that are
difficult to predict, and the actual outcome may be materially
different. OpenText’s assumptions, although considered reasonable by
the company at the date of this press release, may prove to be
inaccurate and consequently its actual results could differ materially
from the expectations set out herein. For additional information with
respect to risks and other factors which could occur, see OpenText’s
Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and other
securities filings with the SEC and other securities regulators. Unless
otherwise required by applicable securities laws, OpenText disclaims
any intention or obligations to update or revise any forward-looking
statements, whether as a result of new information, future events or
otherwise.

Copyright ©2013 Open Text Corporation. OpenText is a trademark or
registered trademark of Open Text SA and/or Open Text ULC. The list of
trademarks is not exhaustive of other trademarks, registered
trademarks, product names, company names, brands and service names
mentioned herein are property of Open Text SA or other respective
owners. All rights reserved. For more information, visit: http://www.opentext.com/2/global/site-copyright.html_SKU.

SOURCE Open Text Corporation


Source: PR Newswire