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SN65LVDS9637: Interfacing SN65LVDS9637 output to I2C line

Part Number: SN65LVDS9637

Hi, I'm trying to get an idea of how the SN65LVDS9637  output would interface with an i2c bus. In particular, I want to know if it can handle the acknowledge bit from an i2c slave device. The SN65LVDS9637 has an output fail safe. So assuming the output is held hi  when the acknowledgement is made by the slave device , is the output fail safe  an open collector output  and the current drawn from the acknowledgement bit is set by the external pull up resistor of the I2C line?