On October 1, 2025, OpenText announced the appointment of Steve Rai as Executive Vice President and Chief Financial Officer, effective October 6, 2025. Rai, who has over 30 years of experience in ...
OpenText Corp. will cut 1,200 roles as part of a restructuring initiative designed to lower its annual expenses by up to $550 million. The software maker announced the plan today in conjunction with ...
OpenText says it expects to reduce the company’s workforce by 8 percent following its $5.8 billion acquisition Tuesday of Micro Focus. OpenText completed its massive $5.8 billion acquisition Tuesday ...
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OpenText (TSX:OTEX) wrapped up fiscal 2025 with a mix of bold moves, solid cloud momentum, and a few bruises along the way. The Waterloo-based software giant has been reshaping itself over the past ...
OpenText (TSE: OTEX) announced Thursday that it has completed its previously announced acquisition of Zix Corporation (NASDAQ: ZIXI), a leader in SaaS-based email encryption, threat protection and ...
Open Text (CA:OTEX) reported its third-quarter 2023 results last week. Revenues were up 44.9%, excluding currency effects, to $1.28 billion, with a 41.1% increase in annual recurring revenues. If you ...
Open Text Corp (TSX:OTEX) rallied 16% last month. That’s not to say that AI is the only thing that is driving gains for OTEX. To the contrary, the company has put out a lot of good news in other ...