Hyland completes acquisition of content services platform company Nuxeo

Content services provider Hyland has completed its acquisition of Nuxeo, a content services platform and digital asset management (DAM) provider.

The detail will bring the entire Nuxeo business, including products and technology, under Hyland, which also recently agreed to acquire ‘cloud-native’ digital business platform company, Alfresco.

“With the addition of Nuxeo’s cloud-native, open-source, low-code platform, Hyland is now the largest open-source content services provider in the market,” said Hyland president and chief executive Bill Priemer.

“The expertise the Nuxeo team brings, along with the innovative capabilities of the Nuxeo platform, strengthen Hyland’s position as the leader in cloud-based content services platforms and present tremendous opportunities for the organizations we serve.”

According to Hyland, the deal will mean its customers can be offered new capabilities which include Nuxeo Insight, an AI and machine learning service.

“Hyland is proud to be a leading open-source content services provider that now offers even more capabilities for our customers and the market,” Priemer added.

“Supporting an open-source community is important to our customers, and it will continue to be a focus for Hyland.”