Canadian-based Open Text's shares suffered from a downside of 20% when it announced the deal to acquire the U.K.'s Micro Focus. It could be because the merger synergies are not immediately obvious. To ...
Open Text is a high-debt, flat-revenue software company offering a 4% dividend but limited growth prospects. OTEX's $5.8B debt load forces asset sales and restricts investment, with deleveraging ...
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OpenText (NasdaqGS: OTEX) has partnered with AI firm Cohere to offer agentic AI tools for governments and regulated sectors.
Open Text Corporation announced that it has commenced, subject to market and customary conditions, a proposed offering of senior secured notes of one or more series (collectively, the "Notes") ...
Interim CEO Christopher McGourlay highlighted that "Q1 total revenues, ARR, adjusted EBITDA margin, adjusted EPS are all above Street expectations," and pointed to continued momentum in the core ...
CONTENT WORLD, Washington, D.C., Nov. 9 /PRNewswire/ - Open Text Corporation, (NASDAQ: OTEX, TSX: OTC) today announced that DLA Document Services is offering the Open Text ECM Suite, Content Lifecycle ...
Serial technology company acquirer Open Text Corp. OTEX-T has made a rare divestiture, selling off a mainframe-computer business it acquired earlier this year in its US$5.8-billion purchase of British ...
WATERLOO, ON, Oct. 27 /CNW/ - Open Text Corporation (NASDAQ: OTEX, TSX: OTC) today announced that it has acquired StreamServe Inc., a leading provider of business communication solutions. The ...
NEW YORK, May 12 /PRNewswire-FirstCall/ - Open Text Corporation (NASDAQ: OTEX, TSX: OTC), the preeminent provider of Enterprise Content Management (ECM) software ...