Canada’s Open Text Corp. agreed to buy UK software firm Micro Focus International Plc for about $6 billion including debt, building on a strategy of growth by acquisition with its largest deal yet.
Open Text agreed to divest its application modernization and connectivity business to Rocket Software for about $2.28 billion in cash. Open Text, which develops and markets enterprise information ...
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 ...
WATERLOO, ON, Feb. 2, 2026 /PRNewswire/ -- Open Text Corporation (NASDAQ: OTEX), (TSX: OTEX), a global leader in secure information management for AI, today announced that it has reached a definitive ...
Open Text Corporation provides a wide range of information management software to organizations worldwide. Management says organic revenue growth is "1% to 2%" and that the company won't see major ...
Open Text Corporation (NASDAQ:OTEX) develops software that helps large organizations manage information securely and put it to work across cloud, security, and AI workflows. The business leans heavily ...
OpenText is a rare deep value stock in the Technology Sector and Software industry. Following a transformative acquisition of UK based Microfocus the stock dropped as the company integrated the ...
Open Text Corp.’s stock OTEX was up by 2% in premarket trading on Wednesday, a day after the company said it would sell its AMC business unit to Rocket Software Inc., a Bain Capital portfolio company, ...
July 31 (Reuters) - Business software maker Open Text Corp earned less in long-term license fees than analysts had expected in the fourth quarter, sending its shares down 5 percent after the bell. The ...
Open Text (OTEX) came out with quarterly earnings of $0.94 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.73 per share a year ago. These figures are adjusted for ...
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