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NStein Technologies to be acquired by Open Text

Client

  • NStein Technologies Inc.

Date

  • February 22, 2010

On February 22, 2010, NStein Technologies Inc. (TSXV: EIN), a Montreal-based technology firm developing next-generation, multilingual content management solutions that enable digital publishing for newspapers, magazines and content-driven websites, announced that it is being acquired by Open Text Corp. (TSX: OTC), an Ottawa-headquartered global leader in enterprise software solutions, in a transaction valued at approximately $35 million.

NStein Technologies is represented by Ogilvy Renault LLP with a team led by Carl Tremblay and Anne-Marie Naud (Corporate/M&A) and including Henrick Simard and Christine Dubé(Securities) Sebastien Gingras (Tax), Jean-François Drolet (IP) and Jerome Landry (Corporate).