OpenText Acquires Email Security Firm Zix for $860 Million>
Security Week – Eduard Kovacs
OpenText will acquire Zix for $8.50 per share in cash. Zix shares surged on October 19, after Reuters reported that the company had been âexploring strategic alternatives that include a sale of the company.â

Zix said the acquisition by OpenText will help it grow further, with the deal expected to result in more resources and product capabilities.

Zix provides email encryption, email threat protection, email message privacy, backup and recovery, information archiving, secure file sharing, and Microsoft 365 products.

The company claims to have 21,000 customers, including 1,200 healthcare organizations and 30% of banks in the United States.
Link: https://www.securityweek.com/opentext-acquires-email-security-firm-zix-860-million