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Subsequent Events
6 Months Ended
Mar. 31, 2022
Subsequent Events [Abstract]  
Subsequent Events

16. Subsequent Events

Acquisition of Intland Software

On April 29, 2022, we acquired Intland Software, GmbH, and Eger Invest GmbH (together, “Intland Software”) pursuant to a Share Sale and Purchase Agreement. Intland Software develops and markets the Codebeamer® Application Lifecycle Management (ALM) family of software products. We paid approximately $280 million for Intland Software, net of cash acquired.

Borrowings under Credit Facility

In April 2022, we borrowed $264 million under our existing credit facility to acquire Intland Software, bringing our total outstanding indebtedness to approximately $1.5 billion.