NUXEO acquired by HYLAND SOFTWARE
Context
Hyland Software completed the acquisition of Nuxeo, taking full control of the French content‑services and digital asset management platform, including its products, technology, and open‑source community. The strategic rationale is grounded in the content services and DAM convergence. Nuxeo brings a cloud‑native, low‑code, AI‑enhanced platform that complements Hyland’s existing portfolio, particularly in the areas of digital asset management, media‑rich content orchestration, and open‑source‑driven developer ecosystems. The acquisition supports Hyland’s push to become the largest open‑source‑oriented content services provider, reinforcing its cloud‑native roadmap and extending its footprint with additional customers, partners, and technical talent across Europe and North America. The integration of Nuxeo Insight, an AI and machine‑learning engine, allows Hyland to enrich large document and media libraries with business‑specific metadata, automate workflows, and generate actionable insights, thereby deepening its value proposition in information‑intensive verticals.
NUXEO, which reported an EBITDA margin of LOGIN in 2020, is valued in this transaction at an EV/EBITDA multiple of LOGIN, a level to compare with the average currently observed in the TMT (Tech, Media, Telecom) sector (14.4x).
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Target
Nuxeo is a French enterprise software company specializing in cloud‑native content services and digital asset management, with its headquarters in Paris and international hubs in New York, London, and Lisbon. The group provides an open‑source platform for managing unstructured content, including electronic documents, images, videos, and social‑media‑related assets, for large enterprises and content‑intensive organizations. Its core offering combines document and media management with workflow automation and metadata‑driven content orchestration. Nuxeo positions itself as a developer‑ and engineer‑centric content platform, emphasizing flexibility, extensibility, and API‑driven architecture rather than a monolithic, out‑of‑the‑box suite. The company targets media, marketing, telecom, and enterprise‑class clients that require scalable, customizable content repositories capable of integrating with third‑party tools and cloud infrastructure. Its open‑source model supports community‑driven innovation while monetizing through enterprise support, training, and value‑added services.
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Historical Financials (EUR)
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REFERENCES
Valuation range: EV 300M - 700M EUR
Revenue range: 25M - 50M EUR
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Authors: verified mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).
Press release: view release
Target: nuxeo
Acquirer: hyland software