Open Text has agreed to buy Hummingbird for $489 million in cash, prompting Hummingbird to reject the $465 million offer it accepted in May from Symphony Technology Group. Hummingbird, a developer of ...
Hummingbird Ltd. is on the hunt for acquisitions to build its electronic content management software business, a competitive response to rival Open Text Corp.'s recent deal-making in Europe.
The package does not focus on detecting moneylaunders for filing suspicious activity reports (SARs). Says Ronan Lavelle, a business solutions director at the firm: "We leave that to other bespoke ...
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