OpenText is in the midst of executing a three-year “business optimization plan” to bring the company’s costs in check, which Barrenechea kicked off in 2024 by cutting 1,200 employees. OpenText cut ...
WATERLOO, ON, Aug. 11, 2025 /CNW/ -- Open Text Corporation (NASDAQ: OTEX) (TSX: OTEX) ("OpenText" or the "Company") today announced the appointment of James McGourlay, currently Executive Vice ...
Enterprise software provider OpenText Corp. announced today in a Securities and Exchange Commission filing that it plans to cut 1,200 jobs as part of a business optimization plan aimed at saving the ...
OpenText announced Thursday it has acquired e-discovery company Catalyst Repository Systems for $75 million in an all-cash deal. In a press release, the company noted that Catalyst will be integrated ...
“The business optimization plan is intended to strategically align the company’s workforce to support its ‘growth and innovation plans,’” according to the company’s July 3 filing with the U.S.
Enterprise software provider OpenText Corp. today announced the launch of OpenText Core Threat Detection and Response, an artificial intelligence-powered solution for insider threat detection. The new ...
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‘Upon completion of the acquisition, OpenText will be one of the world’s largest software and cloud businesses with a tremendous marquee customer base, global scale and comprehensive go-to-market,’ ...
OpenText is a considered leader in information management software and a habitual acquirer of companies, the most recent being Micro Focus. I recently talked with Muhi S. Majzoub, executive vice ...
Canadian enterprise information management vendor OpenText has agreed to buy Dell Technologies’ EMC enterprise content division for US$1.62 billion in a deal that, the companies say, will allow them ...
In the ceaselessly evolving arena of technological ingenuity, AI stands as a paragon of both transformative power and a potential area for unbridled vendor hype. AI is a catalyst setting an ...