Open Text buys Resonate Knowledge Technologies, will integrate products

WATERLOO, Ont. – Canada’s largest publicly traded software company, Waterloo-based Open Text Corp., has acquired Resonate Knowledge Technologies.

Open Text (TSX:OTC) says the two companies have about 500 customers in common in 20 countries and that Resonate KT’s software helps users to easily visualize unstructured data.

The value of the deal wasn’t disclosed in Wednesday’s announcement.

Open Text provides a number of software products and services that large organizations use to create, manage and archive electronic documents.