Canada’s OpenText to buy some HP Inc assets for $315 million

(Reuters) – Canadian business software maker OpenText Corp said it would buy HP Inc's customer management software business for $315 million. The business is expected to generate between $110 million and $125 million of annualized revenue and immediately add to earnings, OpenText said on Monday. The deal comes two months after Open Text bought a set of content management software tools from HP for about $170 million.

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