14 Facts About OpenText

1.

OpenText Corporation is a Canadian company that develops and sells enterprise information management software.

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2.

OpenText, headquartered in Waterloo, Ontario, Canada, is Canada's largest software company as of 2014 and recognized as one of Canada's top 100 employers 2016 by Mediacorp Canada Inc.

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3.

OpenText aims its products at addressing information management requirements, including management of large volumes of content, compliance with regulatory requirements, and mobile and online experience management.

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4.

OpenText is a supporter of the University of Waterloo Stratford Campus, contributing both funds and in-kind services to the school.

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5.

In 2014, OpenText acquired GXS Inc and integrated it into their OpenText Business Network, which then acquired Inovis.

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6.

Also in 2016, OpenText acquired Recommind after previously engaging with the company as a strategic partner.

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7.

In 2017, OpenText acquired Guidance Software for US$240 million, and Covisint for US$103 million which they integrated into their OpenText Business Network.

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8.

In 2018, OpenText acquired Liaison Technologies for US$310 million which they integrated into their OpenText ALLOY Platform.

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9.

In 2019, OpenText acquired Catalyst Repository Systems and then acquired Carbonite Inc for approximately US$1.

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10.

In 2022, OpenText announced it would acquire British software firm Micro Focus in a deal valued at US$6billion, which is expected to close in early 2023.

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11.

OpenText's products include enterprise content management, Business Network, customer experience management, digital process automation, discovery, security, and AI and analytics .

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12.

OpenText announced cloud-native containerized versions of many of the company's software applications in April 2020.

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13.

In July 2017, OpenText launched its artificial intelligence and analytics platform, OpenText Magellan, at the company's Enterprise World conference.

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14.

OpenText RightFax provides network-based fax functionality to enterprise organizations and has evolved through many versions since it was first released in 1992.

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