Sept 12 (Reuters) - Open Text Corp OTC.TO
* Opentext signs definitive agreement to acquire Dell EMC's enterprise content division, including Documentum
* Says under terms of agreement, software, associated services, and employees of ECD will be integrated into Opentext
* Purchase price of $1.62 billion
* Says deal targeting to be immediately accretive to earnings
* Permanent financing may include elements of cash on hand, new borrowings under credit facilities, and newly issued equity
* Acquisition is not subject to a financing condition
* Morgan Stanley & Co (NYSE:MS). LLC acted as exclusive financial advisor to Dell Technologies in connection with transaction
* Barclays (LON:BARC) acted as a financial advisor to Opentext and provided a $1.0 billion debt commitment in support of transaction
* Co, Dell EMC (NYSE:EMC) also announced intention to negotiate, enter into strategic commercial partnership to expand customer offerings Source text for Eikon: Further company coverage: OTC.TO