OpenText

OpenText Corporation (Nasdaq: OTEX) (TSX: OTEX) is a Canadian enterprise information management company headquartered in Waterloo, Ontario.

OpenText provides software solutions that enable organizations to manage, secure, and leverage their unstructured business information. Its product portfolio includes solutions for content management, business process management, customer experience management, information exchange, and discovery. The company serves over 50,000 customers across industries such as financial services, healthcare, technology, and government.

OpenText's key offerings include:

• Enterprise Content Management (ECM) - for organizing and storing content

• Business Process Management (BPM) - for automating business processes

• Customer Experience Management (CEM) - for managing customer communications

• Business Network - for B2B integration and secure information exchange

• Security - for cybersecurity, digital investigations and information assurance

• AI and Analytics - including the OpenText Magellan AI platform

OpenText completed the USD 6 billion acquisition of UK software company Micro Focus in January 2023, significantly expanding its product portfolio and customer base. The company has also been investing heavily in cloud and AI capabilities, launching its OpenText Aviator AI framework in 2023. For its fiscal year 2023 ended June 30, OpenText reported total revenues of USD 4.5 billion, up 28.4% year-over-year.