News Releases

Baker Botts Advises Zix on $860 Million Sale to OpenText


Deal Description: Zix Corporation (NASDAQ: ZIXI) (“Zix”), a leading provider of cloud email security, threat protection and compliance cloud solutions for Small and Medium-sized Businesses (SMBs), today announced that it has entered into a definitive agreement to be acquired by OpenText™, a market-leading provider of Information Management solutions, for $8.50 per share in cash, representing an enterprise value of $860 million.

Baker Botts acted as legal advisor to Zix.

The company’s press release can be found here.

Baker Botts Lawyers/Offices:

Corporate: Don McDermett (Partner, Dallas), Grant Everett (Partner, Dallas), Justin Hoffman (Partner, Houston), Rusty Shellhorn (Associate, Dallas), Trevor Borg (Associate, Dallas), Will Brown (Associate, Dallas)

Tax: Steve Marcus (Partner, Dallas), Snow Rui (Associate, Dallas)

EBEC: David Schiller (Special Counsel, Dallas)

Antitrust: Paul Cuomo (Partner, Washington, D.C.), Mike Bodosky (Special Counsel, Washington, D.C.), David Cardwell (Partner, Brussels), Christine Ryu-Naya (Special Counsel, Washington, D.C.)

CFIUS: Paul Luther (Partner, Washington, D.C.)

Data Privacy: Steve Mann (Partner, Dallas)

Intellectual Property: Luke Pedersen (Partner, Washington, D.C.)

Labor and Employment: Jennifer Trulock (Partner, Dallas)

Finance: Luke Weedon (Partner, Dallas), Josh Espinosa (Associate, Dallas)

Environmental: Harrison Reback (Senior Associate, Houston)

Baker Botts is an international law firm whose lawyers practice throughout a network of offices around the globe. Based on our experience and knowledge of our clients' industries, we are recognized as a leading firm in the energy, technology and life sciences sectors. Since 1840, we have provided creative and effective legal solutions for our clients while demonstrating an unrelenting commitment to excellence. For more information, please visit

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