HP Sells CX Assets to OpenText for $170M


It's the age of the customer — and HP is dumping its customer experience (CX) software.

Palo Alto, Calif.-based HP Inc. struck a deal today with Waterloo, Ontario-based OpenText to divest its CX assets for $170 million.

Splitting HP In Bits and Pieces
The story of what OpenText gains is less compelling than what HP loses. 

It's another tale in what has become a growing saga for HP, the once dominant IT and software company that last fall announced plans to cut up to 30,000 employees as the company split into two businesses. Earlier last year, HP filed a $5.1 billion lawsuit related to its Autonomy acquisition...

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