Open Text acquires media management division of Corbis

Issued by Global Research Partners for Open Text

Johannesburg, 16 Jul 2008

Open Text Corporation, a global leader in enterprise content management (ECM), today announced the $5 million acquisition of eMotion LLC from Corbis Corporation. The eMotion division will become part of Open Text's Artesia Digital Media Group.

The acquisition gives Open Text's Artesia Digital Media Group a broader portfolio of offerings for marketing departments and advertising agencies, adding capabilities that complement its industry-leading enterprise marketing asset management solution, Artesia DAM. The move will extend Open Text's digital media capabilities as part of its Enterprise 2.0 strategy.

"eMotion is the right fit at the right time to expand our Artesia Digital Media Group, our portfolio of solutions for marketing departments, and our team of content experts who can innovate with customers and leverage their growing libraries of video, images and other rich media content in a Web 2.0 world," commented Scott Bowen, President of Open Text's Artesia Digital Media Group.

"By joining a global leader in ECM and digital media solutions, our products become part of a comprehensive family of solutions that help organisations manage all of their business content," added Jon Schupp, Vice-President of Media Services at eMotion.

"We will continue our strong commitment to our customers and to delivering the most innovative solutions, now with the backing and broader range of capabilities from Open Text and the Artesia Digital Media Group."

Jon Schupp is joining the Artesia Digital Media Group as Vice-President, Software Services.

"eMotion serves more than 70 marketing-department customers, including some of the largest Fortune 500 companies," concluded Bowen. "We will leverage the scale of Open Text, the expertise of the Artesia Digital Media Group, and the talented staff from eMotion to create compelling solutions for marketers. We're excited about adding the expert team at eMotion to our organisation and augmenting it to meet growing customer demand."

The Artesia Digital Media Group at Open Text is already a leader in delivering media management solutions to marketing departments and advertising agencies.

For further information, please contact Rob Shaw: tel 083 626-3811, fax 086 646-4178, e-mail rshaw@opentext.co.za

Corbis

Corbis is a leading visual media provider for the creative community, licensing the widest array of award-winning contemporary, historical and entertainment photography as well as extensive collections of acclaimed illustration and footage. Its imagery is seen everyday around the world in advertising, media, publishing and corporate communications. Corbis is headquartered in Seattle with 15 offices throughout North America, Europe, Asia and Australia that serve more than 50 countries worldwide.

Open Text

Open Text, an enterprise software company and leader in enterprise content management, helps organisations manage and gain the true value of their business content. Open Text brings two decades of expertise supporting 46 000 customers and millions of users in 114 countries. Working with our customers and partners, we bring together leading content experts and trade to help organisations capture and preserve corporate memory, increase brand equity, automate processes, mitigate risk, manage compliance and improve competitiveness.

In Southern Africa, Open Text's business partners are Accenture, Business Connexion, Datacentrix, Lava Systems, IA Systems and SAP Africa; and its customer base includes organisations from across both the private and public sectors such as Alexander Forbes, Anglo Platinum, BMW, Department of Environmental Affairs and Tourism, Distell, Engen, Exxaro Resources, Mittal Steel, Office of the President, Provincial Government of the Western Cape, SABMiller, Sasol, Telkom SA and Toyota.

For more information on Open Text, go to www.opentext.com.

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