Open Text Corp has agreed to divest Vertica, an enterprise-grade analytics database platform, to Rocket Software, a Bain Capital portfolio company. The sales price is $150 million in cash. The deal is ...
Open Text is selling part of its non-core analytics portfolio to Rocket Software for $150 million in cash, funds it plans to use to pay down debt.
Open Text Corporation (NASDAQ:OTEX) is included among the 7 Best Non-REIT Dividend Stocks to Invest in. Open Text Corporation ...
WALTHAM, Mass., Feb. 02, 2026 (GLOBE NEWSWIRE) -- Rocket Software, a global technology leader in modernization software, today announced it has entered into a definitive agreement to acquire the ...
OpenText (NasdaqGS:OTEX) has agreed to divest its Vertica analytics business to Rocket Software. The company plans to use the ...
OpenText Corp. says it is selling its analytics database Vertica to Rocket Software Inc. for US$150 million. Waterloo, Ont.-based OpenText says the sale includes Vertica’s software, customer contracts ...
Open Text, with 120,000 enterprise customers, expanded its TAM to $200 billion through AI and cloud growth, including the $5.8 billion Micro Focus acquisition. Gross margins at 77.3% and adjusted ...
OpenText is a rare deep value stock in the Technology Sector and Software industry. Following a transformative acquisition of UK based Microfocus the stock dropped as the company integrated the ...
(Reuters) - Business software maker Open Text Corp earned less in long-term license fees than analysts had expected in the fourth quarter, offsetting gains from its push into cloud computing. Open ...
Open Text (OTEX) came out with quarterly earnings of $0.82 per share, beating the Zacks Consensus Estimate of $0.81 per share. This compares to earnings of $0.94 per share a year ago. These figures ...
Thank you for standing by. This is the conference operator. Welcome to the Open Text Corporation Third Quarter Fiscal 2025 Financial Results Conference Call. As a reminder, all participants are in ...
Jarislowsky Fraser Ltd., a Bank of Nova Scotia subsidiary, says it supports software company Open Text Corp.’s board of directors in its decision to oust long-time Chief Executive Officer Mark ...