OpenText Mergers and Acquisitions Presentation Deck
Transaction Overview
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Purchase Price and Closing Conditions
Approximately $860 million, inclusive of Zix's cash and debt
Approximately 3.5x TTM Zix GAAP revenues(1)
To be funded with OpenText's existing cash on hand
Expected closing within 90 days of announcement
Subject to regulatory approvals and customary closing conditions
1. Please refer to Zix's historical financial filings for additional information on their GAAP-based measures.
opentext
TM
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Projected Financial Impact
Additive to organic growth, ARR and cloud revenue
Accretive to A-EBITDA and FCF
On Open Text operating model within 12-18 months of closing
• Financial projections and target model to be provided on
February 2022 earnings call
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