We were very encouraged to see the announcement that OpenText is acquiring Guidance Software - a provider of security software solutions based in Pasadena, California - for about C$300 million.
OpenText, the enterprise information management company based in Waterloo, is one of Canada’s leading technology companies. This transaction further proves that the Canadian tech sector is not only a destination for foreign acquirers but is also producing globally competitive companies that make sizable strategic acquisitions outside of the country.
As one of the leading firms advising Canadian technology companies on both buy-side and sell-side mergers and acquisitions, the team at Sampford Advisors is always pleased to see transactions of this nature taking place in the Canadian market. We are happy to answer any questions you may have regarding your company’s M&A strategy going forward.
To read more about the transaction, click here.