OpenText to acquire Zix in $860 million deal meant to bolster Microsoft relationship

Kitchener-Waterloo software company OpenText has reached an agreement to acquire Texas-based Zix in a deal worth $860 million USD, including debt. Zix, which is based in Dallas and was founded in 1998, offers software-based email encryption, threat protection, and compliance cloud solutions for small to medium-sized businesses (SMBs).

Link: OpenText to acquire Zix in $860 million deal meant to bolster Microsoft relationship
via betakit.com

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