Open Text Adds to Spending Spree With $1.6 Billion Dell DealBy and
Biggest Canadian tech acquisition since CGI bought Logica
Deal could prompt credit rating downgrade from Moody’s
Open Text Corp. said it will buy Dell Technologies Inc.’s enterprise content business for $1.6 billion, the biggest deal ever for the highly-acquisitive Canadian software company. Its stock soared the most in seven months.
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