#OpenText said Wednesday that it plans to acquire #GuidanceSoftware, the makers forensic security software, for about $222 million. Guidance Software is known for its digital discovery and endpoint information security products. Waterloo, Ontario-based OpenText plans to use the deal to bolster its overall infosec portfolio, with the primary gain centering around Guidance's digital investigation and forensic products. Under the terms of the agreement, Guidance Software will become a wholly owned subsidiary of OpenText. The purchase is expected to close in the third quarter of this year.
http://www.zdnet.com/article/opentext-to-acquire-guidance-software-for-222-million/
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