Chicago, IL - 2004-08-31 - Open Text Corporation, (Nasdaq: OTEX, TSX: OTC), the market leader in Enterprise Content Management (ECM) solutions, has signed a definitive agreement to acquire the Vista Plus® suite of products and related assets from Quest Software Inc., (Nasdaq: QSFT).
Vista Plus captures and stores business-critical information from packaged applications like Oracle E-Business Suite, PeopleSoft and mySAP as well as custom and mainframe legacy environments. The acquisition expands Open Text s integration and report management capabilities as part of its comprehensive ECM suite. Vista provides a strong platform from which to address report content found in ERP applications, and business intelligence (BI) software from Cognos, Business Objects, Crystal Reports and others.
"With Vista Plus, we're acquiring world class technology that captures and stores business-critical information from ERP systems," said Tom Jenkins, Chief Executive Officer of Open Text. Current Vista Plus customers will benefit from the integration with Open Text s ECM platform. We will work together to integrate our teams, while continuing to support and serve Vista Plus customers."
Vista Plus integration with SAP R/3, PeopleSoft and Oracle Applications provides value for automating and tracking the delivery of reports and documents to physical destinations like printers and fax servers, as well and electronic delivery to end users.
Vista Plus report customers will benefit from Open Text s full line of ECM capabilities such as digital image access, workflow, and other document capture and viewing features that Open Text offers in its Livelink® product suite.
The Vista Plus Suite consists of three components, an output manager, electronic forms server and a scalable central repository. Together they control and deliver all business output to any user via multiple delivery channels. Benefits include:
- Enables self service access to reports and statements over intranets or extranets
- Provides page-level security to protect sensitive report content
- Eliminates hard-copy report distribution to reduce print consumables expense
- Simplifies administration by integrating with packaged application security models
- Enables data mining and analysis against fixed content
- Assures delivery of business-critical documents in electronic and hard-copy formats
- Automates the merge of raw application output with electronic forms
www.opentext.com/events/event.html?id=35509Margaret E. Dobbin
Director, Industry Analyst Relations
Open Text Corporation
+1-519-888-7111 ext.2410
mdobbin@opentext.com
Richard Maganini
Open Text Corporation
1-847-961-0662
rmaganin@opentext.com