Open Text completes Metastorm acquisition

Canadian company buys Baltimore software firm for $182 million

February 18, 2011|By Gus G. Sentementes, The Baltimore Sun

Open Text Corp., a Canadian company, said Friday it completed its acquisition of Baltimore-based Metastorm Inc. for $182 million.

Metastorm provides business process management software to government and commercial clients all over the world. Open Text said it plans to integrate Metastorm's process management software solutions into its own content management software offerings to customers.

Open Text, which is based in Waterloo, Ontario, has more than 100 million users of its products in 114 countries.

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