Open Text Corporation · TSX:OTEX
Open Text — Merger or Acquisition (February 2018)
11 slides from Open Text's merger presentation, Feb 14, 2018
Slide 1: OpenText Buys HighTail
OpenText Buys HighTail Investor Relations February 14, 2018
Slide 2: Safe Harbor Statement
Safe Harbor Statement Certain statements in this presentation, including statements regarding OpenText’s plans, objectives, expectations and intentions relating to the acquisition, as well as the acquisition’s expected contribution to OpenText’s results, may contain words considered forward-looking
Slide 3: About Hightail
About Hightail Hightail’s file sharing solution allows customers to store, send, and sync large multimedia files securely through an intuitive, easy to use process. • Founded in 2004 as YouSendIt; rebranded Hightail in 2013 Hightail’s creative collaboration solution allows • Approximately 5.5 users
Slide 4: Transaction Overview
Transaction Overview • On February 14, 2018, OpenText announced the acquisition of Hightail, formerly known as YouSendIt, a leading cloud service provider for file sharing and creative collaboration. • The transaction was funded with cash on hand and the transaction details have not been disclosed.
Slide 5: Strategic Rationale
Strategic Rationale • Hightail is a leading cloud service provider for file sharing and creative collaboration with approximately 5.5 million global customers. • Hightail is expected to complement and grow the OpenText Enterprise Information Management (EIM) portfolio, particularly its cloud offerin
Slide 6: What OpenText Purchased – Key Products
What OpenText Purchased – Key Products Integrated • Easy IT deployment • No “rip & replace” • No training required File Sharing Creative Collaboration • Best-in-class support File sharing features include PipPointTM gives users ability to sharing files of any type of up to leave in-line feedback on
Slide 7: Global Enterprise Customer Base
Global Enterprise Customer Base Hightail has approximately 5.5 million customers with over 1,100 active enterprise accounts coming from a wide range of industries and geographies. OpenText Confidential. ©2018 All Rights Reserved. 7
Slide 8: Customer Case Studies
Customer Case Studies HZDG HistoryNet SocialEnvi SITUATION SITUATION SITUATION • Multi-media campaign assets made review • Redesign of all their magazines required • Client feedback was miscommunicated. process inconsistent. Feedback on creative input and oversight from various contributors Lack of
Slide 9: OpenText Overview
OpenText Overview • Global leader in Enterprise Information Management software and cloud services • FY’17 Total Revenue of approx. $2.3 billion, 41% of sales outside Americas • Listed on the Nasdaq (since 1996) and TSX (since 1998) • Long track record of creating significant value for shareholders
Slide 10: History of Integration and Diversity
History of Integration and Diversity (1) (1) Timeline based on calendar year. OpenText Confidential. ©2018 All Rights Reserved. 10
Slide 11: OpenText Confidential. ©2018 All Rights Reserved.
OpenText Confidential. ©2018 All Rights Reserved. 11