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OpenText expands its enterprise AI portfolio while demonstrating ROI through real-world implementations and a 30-day proof-of-concept program.
A megabucks enterprise acquisition that closed six months ago could lead to thousands of patents landing on the open market. Chief among them, Micro Focus’s assets would help OpenText diversify ...
OpenText unveiled a broad expansion of its enterprise-class Aviator platform with new AI capabilities spanning business and technology needs.
OpenText’s capital allocation strategy focuses on creating shareholder value through a cyclical model that converts customer bookings into revenue, which fuels EBITDA improvement and free cash flow.
OpenText is the latest Canadian tech company to make AI use a baseline expectation for employees as the company cuts an additional 1,600 workers.
OpenText has replaced Mark Barrenechea, its CEO and CTO of nearly 14 years, and will explore selling off some of the “non-core assets” of its business. The leadership change has extensively shuffled ...
OpenText Corp said on Wednesday it would cut about 1,200 jobs, around 1.7% of its workforce, as part of its new business optimization plan.
CIBC raised the firm’s price target on OpenText (OTEX) to $34 from $31 and keeps a Neutral rating on the shares. The firm notes that OpenText was up as much as 10% post earnings, with investors ...
OpenText, a company specializing in digital document management and data exchange, acquired Bricata to beef up its threat detection and response capabilities. The addition of the Bricata team ...
OpenText could nearly double its revenue once it acquires Micro Focus. If the combined companies gain market share, growth could improve and the stock could rise.
Meeting earnings expectations wasn't enough to sustain OpenText (TSX:OTEX) stock price. There's something more for investors to digest.
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