Blue Harbour CEO says Open Text could be acquired: Reuters
U.S. activist hedge fund Blue Harbour Group LP CEO Cliff Robbins told a conference in New York this week that Canadian business information management software company Open Text Corp could be acquired, Reuters reported. “There is potential for a strategic sale down the road,” Robbins said, adding that there has been significant consolidation in the software sector. Blue Harbour owns a 3.49 percent stake in Waterloo-based Open Text.






