Open Text buys Vizible Corp.

WATERLOO – Business software company Open Text purchases Toronto-based Vizible Corporation, a provider of digital media interface solutions, amount undisclosed. The move brings complementary technology to Open Text’s own set of digital media solutions, which helps companies manage Open%20Text-cropped.JPGrich-media content such as video, audio, graphics and photography. “Social media is driving demand for richer online experiences, including video and more engaging visual elements – there’s greater demand for content owners to deliver these in order to set themselves apart,” says Scott Bowen, president of Open Text’s digital media group. “Our acquisition of Vizible adds powerful tools and digital media expertise to the Open Text ECM suite, and will play a central role in the development of new, innovative digital and social media solutions.” The company says the Vizible team will merge with its digital media group at its Richmond Hill operations. Click here for more information.

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