OpenText, a provider of enterprise information management (EIM) software, has acquired Cordys, a provider of business process management (BPM) software.
The Cordys platform will be referred to as "OpenText Cordys" and will complement OpenText's existing BPM offerings.
The acquisition of Cordys will enable OpenText to offer a broad set of BPM technologies, including a 100% native cloud-based BPM platform and PaaS solution, cloud orchestration, integration ESB, rules engine, business activity monitoring, social and mobile interfaces, and an application development environment all from a single vendor and single platform.
The move is aimed at enabling OpenText to take a leadership position in cloud-based BPM and PaaS technologies, which due to the flexibility of systems development, are considered to be the fastest growing segment of the BPM market. The Cordys BOP (Business Operations Platform) was built for the cloud, and features a multi-tenant SOA-based architecture with cloud orchestration capabilities, enabling OpenText customers to choose from on-premises, cloud, or hybrid deployment.
The acquisition also enables OpenText to more aggressively leverage indirect market channels such as ISVs, SIs, and MSPs, who are expected to find the new BPM features and SaaS and PaaS deployment options to be an attractive platform for creating process automation solutions for their customers.
The Cordys acquisition closely follows OpenText’s recent purchase of ICCM Solutions (announced July 31, 2013), extending OpenText's existing BPM and case management offerings.
For more on OpenText, go to www.opentext.com.