Open Text Corp (OpenText) is a provider of information management software solutions and services for global companies, small and medium-sized business (SMB), consumers and governments. The company’s major products and solutions include business network, enterprise content management, digital process automation, digital experience, AI and analytics, and security. It also provides services such as consulting, hosting, training and managed services. The company serves a range of industries, including automotive, consumer goods, education, energy, legal, manufacturing, financial services, government, insurance, media, healthcare and telecommunications. The company has business presence across Asia Pacific, Europe, the Middle East, Africa, and the Americas. Open Text is headquartered in Waterloo, Ontario, Canada.

Headquarters Canada

Address 275 Frank Tompa Dr, Waterloo, Ontario, N2L0A1


Telephone 1 519 8887111

No of Employees 14,800

Industry Technology and Communications

Ticker Symbol & Exchange OTEX (TSE)

Revenue (2023) $3.5B 8.9% (2023 vs 2022)

EPS XXX

Net Income (2023) XXX 32.6% (2023 vs 2022)

Market Cap* $9.4B

Net Profit Margin (2022) XXX 21.8% (2023 vs 2022)

* As of and is in US$

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IT Services Contracts

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1

ICT Spend & Tech Priorities

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Products and Services

Products Services
Cloud Solutions Consulting Services
Hybrid Integration platform Managed Services
Secure and Connected Ecosystems Cloud Managed Services
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2023 Acquisitions/Mergers/Takeovers In January, the company acquired the UK-based Micro Focus.
2022 Contracts/Agreements In December, the company entered into a partnership with Allstate Identity Protection to offer identity protection services to Webroot customers.
2022 Contracts/Agreements In October, the company announced a partnership with OpenText Network Detection & Response technology and MAD Security to improve response time to cyberthreats and shrink the attack surface.
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Competitor Comparison

Key Parameters Open Text Corp Microsoft Corp International Business Machines Corp Oracle Corp ADOBE Inc
Headquarters Canada United States of America United States of America United States of America United States of America
City Waterloo Redmond Armonk Austin San Jose
State/Province Ontario Washington New York Texas California
No. of Employees 14,800 221,000 307,600 143,000 25,988
Entity Type Public Public Public Public Public
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Executives
Name Position Board Since Age
P. Thomas Jenkins Chairman Executive Board 1998 62
Mark J. Barrenechea Chief Technology Officer; Chief Executive Officer; Vice Chairman Executive Board 2017 57
Madhu Ranganathan Executive Vice President; Chief Financial Officer Senior Management 2018 58
Howard Rosen Senior Vice President; Chief Accounting Officer Senior Management 2020 58
Renee McKenzie Chief Information Officer; Senior Vice President Senior Management 2021 47
Non Dignissim Eros Proin vel Convallis 2023 XX
Non Dignissim Eros Proin vel Convallis 2023 XX
Non Dignissim Eros Proin vel Convallis 2023 XX
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