Hyland to acquire Alfresco

yland, a leading content services provider, has signed a definitive agreement to acquire Alfresco, a content services platform and solutions provider. The transaction, expected to close in the fourth quarter of 2020, is subject to usual and customary closing conditions and regulatory approvals.

Headquartered in Boston, Alfresco develops a modern, cloud-native Digital Business Platform that delivers content services solutions to connect, manage and protect organizations’ most critical information. Upon transaction close, the entire Alfresco business is expected to be managed under Hyland Software, Inc. 

 

“We continue to grow our business and advance our platform organically and via acquisitions,” said Bill Priemer, president and CEO of Hyland. “This acquisition will expand our global reach, enabling us to help more organisations achieve their digital transformation goals and become more informed, empowered and connected.”

 

"For 15 years Alfresco has had the vision to provide the most open, cloud native content services platform,” said Jay Bhatt, president and CEO of Alfresco. “With this acquisition Alfresco brings significant geographic and industry experience to Hyland as well as an open source community as a new source of product innovation. Both companies share the same passion for customer success and innovation and together will offer increased value for customers and partners.”

Craig Wilson to take the helm of Sopra Steria UK, focusing on growth and innovation in technology...
The new collaboration between Pax8 and inforcer aims to allow MSPs to enhance AI security and data...
Tenable reveals AI-driven enhancements in its Tenable One platform, aiming to optimise cloud threat...
Arrow Electronics introduces experience centres in the US and Sweden to aid partners in leveraging...
Sectigo simplifies digital certificate operations with its new MCP Server, aiming to offer AI...
UCEN Manchester partners with Check Point to provide students with cybersecurity education and...
Tendfor introduces version 3.20 to enhance customer interactions via Microsoft Teams, aiming for...
OutSystems redefines AI engagement with new launches and partnerships at the 2026 ONE Conference in...