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Cloud Expo: Article

OpenText Buys GXS

Combines OpenText's Information Exchange portfolio with GXS's cloud-based business-to-business integration services

OpenText Corporation has announced that it has completed its acquisition of GXS Group, Inc. (GXS), expanding OpenText's leadership in EIM by combining OpenText's Information Exchange portfolio with GXS's cloud-based business-to-business integration services and managed services.

"I am delighted to welcome GXS customers, partners, trading community and employees to OpenText," said OpenText CEO Mark J. Barrenechea. "We are committed to leading Enterprise Information Management with the market's best products and cloud-based services. Our combined cloud will now manage over 16 billion transactions per year, approximately 600,000 trading partners and 40,000 customers."

About GXS

  • Leading provider of B2B Integration Services
  • B2B integration market segment is estimated to be $5 billion by 2016 (Gartner, Competitive Landscape: Integration Brokerage Published: 26 November 2012)
  • Global HQ in Gaithersburg, MD. EMEA HQ in Sunbury, UK. APAC HQ in Hong Kong, PRC. Latin America HQ in São Paulo, Brazil. Japan HQ in Tokyo.
  • 2,889 employees in 20 countries with 40 locations serving customers in 60 countries.
  • Marquee customer base with over 50% of the Forbes Global 1000
  • FY12 Revenues of $487.5 million
  • FY12 Adjusted EBITDA of $146.5 million (see "Non-GAAP Measure")
  • Leading B2B integration cloud - GXS Trading Grid®
  • More company information can be found on www.gxs.com

Security in Fax: Minimizing Breaches and Compliance Risks
Steps enterprises can take to strategically leverage cloud technology in order to avoid security breaches & compliance risks

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News Desk compiles and publishes breaking news stories, press releases and latest news articles as they happen.

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