Information Governance Engagement A (Free subscription) | 06/11/2008
complexd: Open Text Outlines Initial Product Plans To Extend ECM Leadership Following Captaris Acquisition - http://tinyurl.com/6242ab
Paidcontent (Free subscription) | 03/11/2008
Proving that print's not dead, it's just going digital, enterprise CMS vendor Open Text is buying document scanning company Captaris for $131 million. Captaris of Bellevue, WA, has a suite of software that converts printed documents to digital, Open Text is based in Canada. What Open Text is calling a "merger" was agreed on Friday, Open Text said the acquisition broadens its suite of...
Globe and Mail (Free subscription) | 03/11/2008
Open Text, which is buying U.S.-based Captaris for $131-million (U.S.), said the combined company expects to shed about 10 per cent of its jobs. The move will result in a $20-million restructuring charge. Open Text said that Captaris shareholders voted in favour of the takeover on Oct. 31.
Seattle Times (Free subscription) | 01/11/2008
Open Text's purchase of Captaris closed Friday after the Bellevue company's shareholders approved the deal in a special meeting.
The Puget Sound Business Journal (Free subscription) | 31/10/2008
Canadian software company Open Text Corp.’s $131 million purchase of Captaris Inc. is complete. (OTEX)
PR News Wire (Free subscription) | 31/10/2008
WATERLOO, ON, and BELLEVUE, WA, Oct. 31 /PRNewswire-FirstCall/ - Open Text Corporation (NASDAQ: , TSX: OTC) a global leader in Enterprise Content Management (ECM), and Captaris, Inc. (NASDAQ: ), a leading provider of software products that automate document-centric processes, today announced the completion of the merger of Captaris with a wholly-owned subsidiary of Open Text Inc. The...
The Earth Times Online Newspaper (Free subscription) | 21/10/2008
BELLEVUE, Wash. Oct. 21 -- Captaris, Inc. (Nasdaq: CAPA), a leading provider of software products that automate document-centric processes, announced today that it has reached an agreement with the plaintiff to settle the lawsuit captio...
Seattle Times (Free subscription) | 22/10/2008
Captaris will reveal information about its merger with Open Text as part of an agreement to settle a suit brought by a shareholder who thought the price was unfair.
PR News Wire (Free subscription) | 21/10/2008
Company Urges Shareholders to Vote Promptly BELLEVUE, Wash., Oct. 21 /PRNewswire-FirstCall/ -- Captaris, Inc. (Nasdaq: ), a leading provider of software products that automate document-centric processes, today announced that three leading independent proxy advisory firms, RiskMetrics, Glass Lewis & Co. and PROXY Governance, Inc., have concluded that the proposed merger with Open Text, Inc....
PR News Wire (Free subscription) | 21/10/2008
BELLEVUE, Wash. Oct. 21 /PRNewswire-FirstCall/ -- Captaris, Inc. (Nasdaq: ), a leading provider of software products that automate document-centric processes, announced today that it has reached an agreement with the plaintiff to settle the lawsuit captioned Harvey v. Anastasi, et al., No. 08-2-31902-4 SEA (the "Lawsuit"), filed in King County Superior Court in Washington (the "Court"). The...
PR News Wire (Free subscription) | 18/11/2008
ORLANDO, Fla. and WALLDORF, Germany, Nov. 18 /PRNewswire-FirstCall/ -- Open Text(TM) Corporation (Nasdaq: ; TSX: OTC), a global leader in enterprise content management (ECM), and SAP AG (NYSE: ) announced today that SAP will resell Open Text Vendor Invoice Management (VIM) under the name the SAP(R) Invoice Management application by Open Text. As part of this agreement, SAP will also resell Open Text's...
The Street (Free subscription) | 03/11/2008
... shares, or 5% of outstanding shares, over the coming four quarters. Following its acquisition of Captaris, Open Text said it would cut about 10% of the combined work force and take a $20 million restructuring charge. The company's software competes with products from IBM and EMC.
Conquer Information Chaos (Free subscription) | 27/10/2008
... of 133 e-mail messages per day (Radicati Group). A single FAX machine costs $6,200 per year (Captaris); the average time to manually FAX a document is 8 minutes. The average cost to send a package via courier service is between $8 and $15. The cost of office space has increased 19% (Office Space Across the World 2008).
