OpenText pays $US310M for messaging cloud

Open Text is acquiring a cloud-based electronic messaging platform with the $US310 million purchase of US company EasyLink Services International Corporation

"Easylink is a recognised leader in cloud-based Secure Information Exchange. We see strong opportunities for our mutual customers, partners, employees and product roadmap," said OpenText CEO Mark J. Barrenechea.

EasyLink automates the creation and delivery of high-volume outbound transactions from back-end systems into fax, email, SMS, or EDI messages.

It is designed for applications such as trade confirmations, letters of credit, customer statements, business reports, and other high-volume communications that must be output in a range of formats and customised to each client.

Subsidiary company Xpedite Systems has offices in Sydney and Melbourne.