Completion of the acquisition - first announced last month with the signing of a Definitive Agreement between the two companies - sees the entire Alfresco business, including all technology and products, come under the Hyland brand.
Hyland says the acquisition furthers its vision to become “the world’s leading content services provider”, expanding its global footprint with additional customers, partners and employees with extensive industry experience.
Hyland also says the addition of Alfresco’s solutions augments its range of content services offerings and provides new opportunities to engage with the open-source community for product innovation.
“We are thrilled to welcome our new customers, employees and partners to the Hyland community,” said Bill Priemer, president and CEO of Hyland.
“We’re committed to extending Hyland’s culture of support, collaboration and innovation as we work to build lasting relationships. Our integration strategy will ensure full support for Alfresco solutions, enabling organizations to derive the most value from their digital transformation investments.
“At Hyland, the Alfresco platform will continue to grow and to serve customers’ evolving business needs.
“Alfresco customers can confidently continue to use and expand their Alfresco solutions, whether deployed on-premises or in the cloud.”
Hyland says future Alfresco versions will enable customers to seamlessly leverage other areas of the Hyland portfolio, including Hyland Experience Platform (HxP) — the recently launched, next-generation, cloud-based platform — and newly developed HxP components, such as Hyland Experience Capture.