OpenText announced it has acquired Global 360 Holding Corporation, a provider of process and case management solutions. The acquisition continues OpenText’s expansion into business process management (BPM) market. The transaction purchase price is approximately $260 million, subject to customary purchase price and holdback adjustments. The transaction has closed in the first quarter of fiscal 2012 and is not part of the fiscal 2011 fourth quarter and year-end results of OpenText. In February 2011, OpenText also acquired Metastorm, which offers other solutions that complement Global 360, such as business process analysis and enterprise architecture software. http://www.opentext.com http://www.global360.com

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