Open Text Acquires Centrinity

On November 1, 2002, Waterloo, Ontario-headquartered Open Text Corporation acquired Richmond Hill, Ontario-headquartered Centrinity Inc., in a cash deal worth approximately $32 million. The transaction was completed by way of amalgamation of Centrinity with a wholly owned subsidiary of Open Text. Centrinity’s software, enabling integration of e-mail, voicemail and other unstructured content, was acquired to extend Open Text’s collaborative knowledge management solutions.

Open Text was represented by Blake, Cassels & Graydon LLP, with a team including Chris Hewat, Michael Gans and James Clarke (corporate securities), Kathleen Penny and Sara Gill (tax) and Michael Piaskoski (competition) in Toronto and Michael Bantey (corporate securities) in Montreal. Centrinity was represented by Jeffrey Roy, Paul Stein and Jennifer Traub (corporate securities) and Frank Monteleone and Carol Anne O’Brien (competition) of Cassels Brock & Blackwell LLP.