Simpson Thacher Represents the Board of Directors of Captaris, Inc.
09.05.08
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Simpson Thacher represented the board of directors of Captaris, Inc. in connection with the acquisition of Captaris by Open Text Corporation. In the transaction, which, subject to customary closing conditions, is expected to be completed by the end of 2008, the shareholders of Captaris will receive cash consideration of approximately $131 million. Captaris is a leading provider of software products that automate document-centric business processes.
The Simpson Thacher team included Peter Malloy, Jason Lee, Sam Kwak and John Delfino (M&A), Greg Grogan (Benefits), and Ivan Rothman (Intellectual Property).