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Thursday, July 03
10:12 AM


Open Text buys Spicer software division

The Canadian Press

WATERLOO, Ont. — Business software developer Open Text Corp. has bought the file format and viewer software division of privately held Spicer Corp. for $12-million.

Waterloo-based Open Text said the Spicer division's 30 Kitchener-based employees will become part of Open Text's Content Viewer Solutions Group.

The Spicer division specializes in file format viewer solutions for desktop applications, integrated business process management systems, and reprographics.

“This acquisition will complement and extend Open Text's existing Enterprise Content Management Suite, providing flexible document viewing options and enhanced document security functionality,” Open Text president and CEO John Shackleton said in a release.

Open Text sells information management software for businesses, compliance and industry requirements in large companies, government agencies and professional service firms.


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