OpenText

OpenText Corporation (styled as opentext) is a Canadian

company that develops and sells enterprise information
OpenText Corporation
management (EIM) software.[2]

OpenText, headquartered in Waterloo, Ontario, Canada,[3] is

Canada's fourth-largest software company as of 2022,[4] and
recognized as one of Canada's top 100 employers 2016 by
Mediacorp Canada Inc.[5]

OpenText software applications manage content and unstructured

data for large companies, government agencies, and professional
service firms.[6] OpenText aims its products at addressing
information management requirements, including management of Headquarters in Waterloo, Canada
large volumes of content, compliance with regulatory
Type Public
requirements, and mobile and online experience management.[7]
Traded as TSX: OTEX (http
OpenText employs over 16,000 people worldwide,[8]
and is a s://money.tmx.com/
publicly traded company, listed on the NASDAQ (OTEX) and the en/quote/OTEX)
Toronto Stock Exchange (OTEX). Nasdaq: OTEX (htt
ps://www.nasdaq.c
om/market-activity/
History stocks/otex)
S&P/TSX 60
Timothy Bray, with University of Waterloo professors Frank
component
Tompa and Gaston Gonnet, founded OpenText Corporation in
1991.[9] It grew out of OpenText Systems Inc., founded in 1989. ISIN CA6837151068 (ht
The founders spun the company off from a University of Waterloo tps://iw.toolforge.or
project that developed technology to index the Oxford English g/isin/?language=e
Dictionary.[10] n&isin=CA6837151
068)
Key people involved later include Tom Jenkins, who joined the Industry Computer Software
company as COO in 1994. Tom Jenkins later became president
Predecessor The Oxford English
and Chief Executive Officer,[11] and has been Executive Chairman
Dictionary
since 2013. John Shackleton served as president from 1998 to
2011, and as CEO from 2005 to 2011. Mark Barrenechea has been Founded 1991 (as OpenText
Corporation)
president and CEO of OpenText since 2012.[12] Mark
Barrenechea was named Canadian Business CEO of the year in Founders Tim Bray
2015.[13] From January 2016, Steve Murphy served as the Gaston Gonnet
President;[14] however, the company eliminated the position in Q1 Frank Tompa
2017.[15]
Headquarters Waterloo, Ontario,
OpenText is a supporter of the University of Waterloo Stratford Canada
Campus, contributing both funds and in-kind services to the Key people Mark Barrenechea
school.[16] (CEO & CTO)
Products Enterprise content
management
In July 2020, OpenText has partnered with NINJIO. The (ECM), business
collaboration strengthens Webroot Security Awareness Training process
with interactive, Hollywood-style videos showcasing viral material management
aimed at encouraging cyber-resilient activities such as phishing (BPM), customer
emails and inappropriate URLs detected.[17] experience
management
(CEM), information
Acquisitions exchange,
discovery and
In 2003, OpenText acquired IXOS Software AG.[18] analytics software,
cybersecurity
In 2004, OpenText acquired Artesia.[19] software
Revenue US$3.49 billion
In 2006, OpenText acquired Hummingbird Ltd. for US$489
(2022)
million.[20]
Operating US$645 million
In 2008, the company acquired Captaris, Inc. for US$131 income (2022)
million.[21] Net income US$397 million
(2022)
In 2009, the company acquired Vignette Corporation for US$321
Total assets US$10.18 billion
million in cash and stock.[22][23] (2022)

In 2012, the company acquired EasyLink for US$232 million.[24] Total equity US$4.03 billion
(2022)
In 2014, OpenText acquired GXS Inc. and integrated it into their Number of c. 14,800 (2022)
OpenText Business Network, which then acquired Inovis. In 2014 employees
they also acquired Cordys for $33 million,[25] and Actuate.[26] Subsidiaries Carbonite, Inc.

In 2015, OpenText acquired Daegis for US$13.5 million.[27] Micro Focus

Webroot
On September 12, 2016, OpenText further expanded its share of opentext.com (htt
Website
the enterprise content management software market by buying that
p://opentext.com)
division of Dell EMC, which included Documentum, for US$1.6
Footnotes / references
billion.[28] OpenText had originally had Documentum and
Financials as of June 30, 2022[1]
Hummingbird, Ltd., as its chief competitors in this space, but this
acquisition brought the long-time third competitor in Documentum
under one corporate roof.[29] Also in 2016, OpenText acquired
Recommind after previously engaging with the company as a
strategic partner.[30]

In 2017, OpenText acquired Guidance Software for US$240

million,[31] and Covisint for US$103 million, which they integrated
into their OpenText Business Network.[32]
OpenText office in Richmond Hill,
In 2018, OpenText acquired Liaison Technologies for US$310
Ontario
million, which they integrated into their OpenText ALLOY
Platform.[33]

In 2019, OpenText acquired Catalyst Repository Systems,[34] and then acquired Carbonite Inc. (including
Webroot and Mozy, which Carbonite Inc. had earlier acquired) for approximately US$1.45 billion.[35][36]

In 2020, OpenText acquired Xmedius for US$75 million.[37]

In 2021, OpenText announced planned acquisition of Zix Corp for
US$860 million,[38] and in November, OpenText completed the
acquisition of Bricata enabling next-generation Network Detection
& Response (NDR) technology to the OpenText Security and
Protection Cloud.[39]

In 2022, OpenText announced it would acquire British software

firm Micro Focus in a deal valued at US$6 billion, which finalized Archive Center v16 Administration
in January 2023.[40][41] Client

Products
OpenText's products include enterprise content management (OpenText Content Suite, OpenText Extended
ECM, OpenText Documentum), Business Network, customer experience management (OpenText
Customer Experience Platform), digital process automation (OpenText AppWorks), discovery (OpenText
Axcelerate eDiscovery and Investigations), security (OpenText EnCase Forensic Security Suite, OpenText
Carbonite and Webroot solutions), and AI and analytics (OpenText Magellan Product Suite).

OpenText announced cloud-native containerized versions of many of the company's software applications
in April 2020.[42]

OpenText Documentum

OpenText Documentum is an information management platform, named after the company Documentum
that originally developed the software suite. In 2003, EMC acquired Documentum for $1.7 billion.[43] In
2016, EMC was acquired by Dell, becoming Dell EMC.[44] Subsequently, all of the Documentum
intellectual property was sold to OpenText Corporation.

OpenText Document Server Alchemy Edition

Rebranded product resulting from the acquisition of Captaris

OpenText Content Suite Platform

In 1996, the product originally called "Livelink" became OpenText's.[45] Between 2003 and 2005,
"Livelink" evolved from being the name of a single product to being a brand applied to the names of
several OpenText software products. As a result of this change, "Livelink Server" became known as
"Livelink Enterprise Server" (LES) and later "Livelink ECM.[45] In 2012, OpenText introduced the
OpenText Content Suite. Then the technology component formerly known as Livelink ECM - Enterprise
Server became known as OpenText Content Server, which is now a key component of OpenText Content
Suite Platform.[45][46][47]

OpenText Archive Center (Archive Server)

First released in May 2006, Livelink Enterprise Archive (LEA) became Archive Server in 2010. It is a key
product in the Extended ECM scenario. With Version 16, the Archive Server was renamed to Archive
Center.[48]

OpenText Magellan

In July 2017, OpenText launched its artificial intelligence (AI) and analytics platform, OpenText Magellan,
at the company's Enterprise World conference. The platform combines open source machine learning with
advanced analysis and is able to merge, manage, and analyze both structure data and unstructured, textual
content. It offers machine-assisted decision-making, automation, and business optimization in a scalable,
flexible solution.[49]

OpenText RightFax

OpenText RightFax provides network-based fax functionality to enterprise organizations and has evolved
through many versions since it was first released in 1992.[50][51][52]

RedDot and content authoring

RedDot, founded in 1993, was a business unit of OpenText Corporation that the company refers to as the
Web Solutions Group. The software assists in the management of content, with regulatory compliance and
industry specific requirements.

Its core product, RedDot CMS is a Windows-based server application that provides Web content
management in a multi-user environment. Complementary to the CMS or as a standalone product,
LiveServer aggregates disparate document resources and serves them as Web pages.

Red dots on the authoring interface indicated sections of editable content for each web page,[53] hence the
name RedDot for the product. This feature was popular with customers and won awards[54] in 2001 for its
usability. By 2006, RedDot was one of the few WCM vendors that continued to develop their own content
authoring interface. Most other WCM vendors had moved to open source alternatives, or had licensed an
online rich-text editor from commercial vendors such as Ephox or Ektron. In response to customer attempts
to work around the limitations of the RedDot editor by installing other editors[55] RedDot developed an
integration layer to support CKeditor and Ephox EditLive! as alternative editors.[56] In 2009, RedDot
(rebranded the OpenText Web Solutions Group) made the Telerik RadEditor available alongside the
existing RedDot editor for CMS 9.[57]

After the acquisition of Vignette, Web Solutions was rebranded again to become OpenText Web Site
Management.[58]

OpenText Intelligent Capture (formerly Captiva)

Captiva Software became a subsidiary of OpenText in 2017.[59] It makes software for document
information processing and data capture from paper and electronic documents and provides related services.
Information in the form of extracted content and files are acquired in the Captiva Solution and then
delivered for storage or workflow into document management systems such as those from Documentum,
OpenText, Microsoft, or IBM.[60] In 2019, Captiva was rebranded as OpenText Intelligent Capture.[61]

OpenText AppEnhancer (formerly ApplicationXtender)

AppEnhancer is a content management system that manages, organizes, and stores information from an
application or as an extension to an existing application. The product was acquired during OpenText's
purchase of Dell EMC's ECD (Enterprise Content Division) in 2017.[62]

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nvesting/top-analysts-say-put-these-3-killer-tech-stocks-on-your-radar-14680876)
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932B2610432292379C1FE453D6BD). OpenText. Retrieved Dec 4, 2019.
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62. "OpenText AppEnhancer" (https://www.revolutiondatasystems.com/opentext-appenhancer).

External links
Official website (http://www.opentext.com/)

Retrieved from "https://en.wikipedia.org/w/index.php?title=OpenText&oldid=1164939743"