OpenText Acquires Hightail File Sharing software

OpenText  has acquired Hightail, cloud service for file sharing and creative collaboration, with 5.5 million customers globally spanning enterprise accounts, paid subscribers, and individual consumers.

Hightail was founded in 2004 as YouSendIt, which served as a platform for sending large file attachments that were too big to be sent by email.  Terms of the deal were not disclosed.

“The acquisition of Hightail underscores our commitment to delivering differentiated content solutions in the cloud that enable marketers and creative professionals to share, produce, and securely collaborate on digital content,” said Mark J. Barrenechea, OpenText Vice Chairman, CEO and CTO.

Barrenechea further added, “I am excited about expanding Hightail capabilities as well as integrating Hightail into OpenText Content Suite, Documentum, Core, and Media Management, allowing our customers to seamlessly and securely collaborate with external trading partners and vendors.”