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Open Text Corp. OTEX-T stock sank Friday after the company pulled back from its long-held strategy of growing by acquisitions to focus instead on giving more money to shareholders and expanding ...
Shareholders might have noticed that Open Text Corporation (NASDAQ:OTEX) filed its second-quarter result this time last week. The early response was not positive, with shares down 5.4% to US$27.86 ...
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 ...
Open Text is aggressively pursuing AI-driven cost savings, aiming for up to $400 million in annualized expense reductions. Read why OTEX stock is a Buy.
Open Text shows disciplined cost management and shareholder-friendly capital allocation, but high debt and uneven revenue present challenges. Learn more on OTEX stock prospects.
Anaconda, a provider of open-source Python software for data science and AI, has raised more than $150 million in a Series C funding round, valuing the startup at about $1.5 billion.