OpenText has paid an undisclosed sum for file sharing service provider Hightail, which had raised $83m from investors including Western Digital Capital.
Data storage technology provider Western Digital exited US-based file sharing service provider Hightail today in an acquisition of undisclosed size by enterprise software producer OpenText.
Founded in 2004 as YouSendIt, Hightail operates a cloud-based freemium service that enables users to securely share files with each other that are too large for email.
The company has also launched a platform targeted at creative professionals to facilitate collaborations and feedback. It has 5.5 million paying customers and had more than 50 million…
