Headline: OpenText Acquires KineMatik
Date: 23/08/2023
Type: Acquisition
Acquiror: OpenText
Target: KineMatik
Target Services: Business Process Solutions
Valuation: n/a
Country: Ireland
Continent: Europe
Target Industry: Software & Technology
Rationale: OpenText enhances its Content business by acquiring KineMatik, adding automated Business Process and Project Management Solutions to its offerings. KineMatik’s solutions are built on OpenText’s Content Server and serve industries like life science, technology, finance, and energy.
Summary: OpenText has acquired KineMatik, a Cork-based company specializing in automated workflow solutions, Document Change Control, Project Management, and Electronic Lab Notebook (ELN) solutions. KineMatik’s offerings align with OpenText’s focus on Information Management.