Enterprise information management (EIM) provider OpenText deepened its relationship with a longtime partner today by acquiring Informative Graphics Corporation (IGC).
The buy is intended to strengthen the OpenText platform by providing what the OpenText CEO calls "secure access to content on any device on any browser."
"At the other end of the spectrum," OpenText CEO Mark Barrenechea blogged today, "are complex 2-D and 3-D design documents that need to be viewed in the browser in order to annotate and collaborate on documents. IGC gives OpenText a significant advantage in addressing this need with best-in-class solutions for viewing, annotation, redaction and publishing that cover the complete spectrum of use cases."
IGC's solutions help users view, annotate, redact and publish commercial software. The Scottsdale, Ariz.-based company has partnered with Waterloo, ON-based OpenText for more than a decade.
The acquisition is another peg in OpenText's promise to invest about $3 billion in acquisitions over the next four years (we're one year in on the original five-year promise now). Barrenechea made that promise in a conference call with investors about this time last year.
Having already developed 250 joint customers and more than 300,000 seats of Brava!® for OpenText Content Server, OpenText can now extend the reach of IGC offerings to more OpenText customers globally, officials say.
"Having already seen success in offering these integrated solutions to the marketplace, we have the opportunity to further integrate IGC technologies into the ECM product portfolio," Barrenechea wrote. "We will now be able to extend into other OpenText Suites, reaching more customers using additional OpenText solutions globally."