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OpenText buys GXS Group for $1.17bn to bolster cloud services

OpenText's acquisition of GXS Group will create give it a robust technology and services platform to build on

OpenText, one of Canada’s largest software companies specialising in information management agreed Wednesday to buy Virginia-based GXS Group, a B2B cloud integration specialist. OpenText said the acquisition will add a robust new technology and services offering and bolster its growing cloud portfolio.

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