Tuesday, January 10, 2012

Open Text and Message Manager

Open Text, (NQ: OTEX) the owners of the market leading RightFax product line, recently acquired Message Manager Solutions, an Australian Company who has apparently been handing OTEX their lunch down under and making waves with fax & messaging business in a country that was supposed to be dominated by OTEX's RightFax via their regional distributor, Axient.

I believe the acquisition was an excellent strategic decision made by Open Text and will help take back any lost ground they might have suffered in that vital region.