Yet another BPM acquisition – Metastorm bought by OpenText

OpenText announced earlier this month that they have entered into an agreement to buy Metastorm.

According to the press release OpenText said:

“Metastorm will add complementary technology and expertise that enhances our ECM solutions portfolio,” said John Shackleton, President and Chief Executive Officer of OpenText. “We look forward to welcoming its employees and customers to OpenText.”

Metastorm commented that:

“We are excited by the opportunity to join the OpenText team,” said Robert Farrell, Chairman and Chief Executive Officer of Metastorm. “Combined with OpenText, Metastorm will be able to provide a broader and deeper range of offerings to our customers, while leveraging the strength and stability that comes with being part of a larger global organization.”

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