Open Text Corporation Aktie News

Pillr Provides a Managed Detection and Response (MDR) Platform for MSPs integrated with OpenText's Cybersecurity WATERLOO, ON , May 22, 2024 /PRNewswire/ -- Open Text Corporation (NASDAQ: OTEX), (TSX: OTEX), today announced that it has purchased Pillr, an MDR platform from Novacoast, Inc. Pillr technology is a cloud native, multi-tenant MDR platform for Managed Service Providers (MSPs) that inc...

WATERLOO, ON , May 8, 2024 /PRNewswire/ -- Open Text Corporation (NASDAQ: OTEX), (TSX: OTEX) today announced that, as previously indicated, it completed its $2 billion debt reduction using the net proceeds from its AMC divestiture, which reflects $940 million paid to terminate the Company's Term Loan B due 2025 and $1.06 billion to reduce amounts outstanding under its Acquisition Term Loan due ...

Preemptive approach to cybersecurity showcased at RSAC USA North Hall 4235 WATERLOO, ON , May 6, 2024 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX), (TSX: OTEX), today announced new advancements to protect organizations against the ever-growing complexity of cyber threats. As the threat landscape continues to evolve, security teams face the challenge of securing every element of their IT environment.

OpenText is a Canadian company that develops information management software for the enterprise market. Recent performance has been volatile, driven by recent selloffs after Q3 earnings call as Open Text projects lower revenue guidance in FY 2025 due to major divestiture. Nonetheless, Open Text's strong focus on reducing debt and increasing shareholder returns through buybacks and dividend incr...

Open Text Corporation (NASDAQ:OTEX ) Q3 2024 Earnings Call Transcript May 2, 2024 5:00 PM ET Company Participants Harry Blount - SVP, IR Mark J. Barrenechea - CEO & CTO Madhu Ranganathan - President, CFO and Corporate Development Conference Call Participants Daniel Chan - TD Cowen Paul Treiber - RBC Capital Markets Billy Fitzsimmons - Jefferies Adhir Kadve - Eight Capital Thanos Moschopoulos - ...

Record Q3 Total Revenues and Enterprise Cloud Bookings Announces $250 Million Share Repurchase Program Fiscal 2024 Third Quarter Highlights Total Revenues (in millions) Annual Recurring Revenues (in millions) Cloud Revenues (in millions) Reported Constant Currency Reported Constant Currency Reported Constant Currency $1,447 $1,444 $1,146 $1,143 $455 $454 +16.3 % +16.0 % +13.3 % +13.1 % +4.4 % +...

OpenText to Reduce Debt by $2 Billion WATERLOO, ON , May 1, 2024 /PRNewswire/ -- Open Text Corporation (NASDAQ: OTEX), (TSX: OTEX), today announced that it has successfully completed the divestiture of its AMC/Mainframe business to Rocket Software, Inc., a Bain Capital portfolio company ("Rocket Software"), for $2.275 billion in cash before taxes, fees and other adjustments. "We are pleased to ...

Solves open source intake challenges WATERLOO, ON , April 29, 2024 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX), (TSX: OTEX), today announced an innovative solution to long-standing open source intake challenges. Developers spend a significant amount of time searching for open source libraries that comply with their company intake policies.