To the Alfresco community,
I’m happy to share that Hyland has entered into a definitive agreement to acquire Alfresco.
We expect to finalize the transaction in Q4 2020, after we satisfy customary closing conditions and regulatory approvals. Until this time, we will continue to operate as two companies. Upon transaction close, we expect to integrate the Alfresco business into Hyland.
As a content services provider that enables thousands of organizations to deliver better experiences to the people they serve, we’ve made it our mission to help our employees, customers and partners achieve their full potential.
Upon close, this acquisition will enable us to help more organizations achieve their digital transformation goals and become more informed, empowered and connected. These organizations will have access to Hyland’s unparalleled range of content services capabilities and benefit from our extensive industry experience, track record of innovation, and focus on customer success.
We look forward to adding new team members with deep content services expertise, and providing them with fulfilling work experiences and opportunities for personal and professional growth. We’re also excited to develop new partnerships and engage with Alfresco’s open source community as a source of product innovation.
This acquisition will create tremendous opportunities across the Alfresco community. We’ll keep you informed as we work to integrate our businesses after the closing of the transaction, and I’ll look forward to connecting with you soon.
President and CEO