OpenText

Open Text is a provider of enterprise information, business process, content discovery and management solutions. Read more

4,134 Followers on Owler
4,134 Followers on Owler
4,134 Followers on Owler
4,134 Followers on Owler

OpenText

Open Text is a provider of enterprise information, business process, content discovery and management solutions. Read more

Mark J. Barrenechea's photo - President & CEO of OpenText

President & CEO

Mark J. Barrenechea

CEO Approval Rating

59/100

Founded:

1991

Status:

PublicIndependent CompanyTMX Group - Toronto Stock ExchangeOTEX

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IBM is seen as one of OpenText's top competitors. IBM was founded in Armonk, New York} in 1911. IBM is in the IT Services industry. Compared to OpenText, IBM generates $70.5B more revenue.

Veeva is OpenText's #2 competitor. Veeva was founded in 2007, and its headquarters is in Pleasanton, California. Veeva is in the Systems Software field. Veeva has 9,794 fewer employees than OpenText.

J2 Global is OpenText's #3 rival. J2 Global is headquartered in Los Angeles, California, and was founded in 1995. Like OpenText, J2 Global also competes in the Enterprise Software industry. J2 Global generates 44% the revenue of OpenText.

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OpenText Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$3.3B

OpenText's revenue is the ranked 3rd among it's top 10 competitors. The top 10 competitors average 5.8B. Over the last four quarters, OpenText's revenue has grown by 0.8%. Specifically, in Q1 2021's revenue was $832.9M; in Q4 2020, it was $855.6M; in Q3 2020, it was $804M; in Q2 2020, OpenText's revenue was $826.6M.

OpenText Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
XMedius Solutions, Inc.

Mar 2020

Source »
$75M
XMedius is a provider of file exchange and communications solutions for enterprises.
Carbonite, Inc.

Nov 2019

Source »
$1.4B
Carbonite develops a cloud-based platform that offers backup, data protection and recovery solutions for businesses.
Catalyst Repository Systems, Inc.

Feb 2019

Source »
$75M
Catalyst develops compliance and e-discovery applications for legal, insurance and regulatory markets.
Liaison Technologies, Inc.

Oct 2018

Source »
$310M
Liaison provides cloud enterprise application integration and data management solutions.
Hightail, Inc.

Feb 2018

Source »
undisclosed
Hightail develops a cloud-based file management platform that allows users to send and receive their files.

These are all the companies that OpenText has acquired. OpenText has acquired 26 companies and its latest acquisition was XMedius Solutions, Inc. in Mar 2020. XMedius is a provider of file exchange and communications solutions for enterprises.

OpenText Funding History

No recent funding data found related to OpenText

OpenText Investments

No recent investments found related to OpenText

These are all the companies that OpenText has invested in. OpenText has invested 26 companies and its latest investment was XMedius Solutions, Inc. in Mar 2020. XMedius is a provider of file exchange and communications solutions for enterprises.

OpenText News

April 30, 2021ChannelE2E

OpenText Updates Webroot Security Management Console for MSPs - ChannelE2E

OpenText updates Webroot Business Management Console for MSPs; preps Webroot Foreign Code Shield for ... See more »
April 29, 2021PCR

OpenText Launches Webroot Business Management Console 6.0

OpenText has released of a new Webroot Business Management Console compatible across its business sec... See more »
April 21, 2021MarketScreener

What's new in OpenText Documentum CE 21.2

(marketscreener.com) Getting timely, accurate information into the hands of workers continues to be a... See more »
April 20, 2021MarketScreener

Empowering organizations to rethink the future with artificial intelligence

(marketscreener.com) Guest blog by David Schubmehl, Research Director, Conversational AI and Intellig... See more »
April 20, 2021MarketScreener

Document access control

(marketscreener.com) Access scenarios today are more complex than ever, thanks to the increased need ... See more »
April 15, 2021Martech News

Cloud Editions 21.2 Enables Organizations to Grow with OpenText

OpenText (NASDAQ: OTEX), (TSX: OTEX), today announced the release of OpenText Cloud Editions (CE) 21.... See more »
April 15, 2021Help Net Security

OpenText unveils Cloud Editions 21.2 to power modern work in the cloud

OpenText announced the release of OpenText Cloud Editions (CE) 21.2. "The past year has shown the imp... See more »

OpenText Blogs

December 3, 2020OpenText Blog

COVID-19, virtual trials, and a rapidly evolving supply chain

The prospect for a COVID-19 vaccine soon looks good as many trials show very high efficacy rates. Th... See more »
December 3, 2020OpenText Blog

Bees harness complexity to produce great value

Guest blog by Owen Rogers, Research Director of Cloud & Managed Services Transformation at 451 R... See more »
December 1, 2020OpenText Blog

What’s new in OpenText eDOCS CE 20.4

For law firms, corporate legal departments, and other organizations producing, managing and collabor... See more »
November 20, 2020OpenText Blog

Why innovation must be the new reality for government IT from January 2021

It’s almost ten years since the failed launch of healthcare.gov. This event served to cruelly expose... See more »
November 19, 2020OpenText Blog

Leveraging manufacturing data in a smart, connected and secure way

Recently, there’s been increasing talk about how both the Industrial Internet of things (IIoT) and D... See more »
November 16, 2020OpenText Blog

“We are experiencing longer than normal wait times”

Recent events have resulted in increasingly difficult conditions in which to run a business, disrupt... See more »
November 12, 2020OpenText Blog

Adapting old world solutions to new world problems

Organizations have shown incredible resilience in the face of the challenges of the COVID-19 pandemi... See more »

OpenText Press Releases

April 7, 2021PR Newswire

OpenText to Report Third Quarter Fiscal Year 2021 Financial Results on Thursday, May 6, 2021

WATERLOO, ON, April 7, 2021 /PRNewswire/ -- Open Text Corporation (NASDAQ: OTEX), (TSX: OTEX), announ... See more »
March 31, 2021Cision Canada

OpenText launches OpenText World Europe and Asia Pacific

/CNW/ -- OpenText (NASDAQ: OTEX), (TSX: OTEX), today announced the dates for OpenText World Europe (A... See more »
March 4, 2021Newswire Today

Phillips Lytle, LLP Transforms eDiscovery Practices with OpenText

NewswireToday (newswire) - Thu, 04 Mar 2021 00:00:00 -0500 Waterloo, Ontario Canada - Global law firm... See more »
March 4, 2021WebWire

OpenText Delivers Endpoint Detection and Response in the Cloud

OpenText (NASDAQ: OTEX), (TSX: OTEX), announced OpenText EnCase Endpoint Security is now certified on... See more »
February 10, 2021StreetInsider

Agile Work Evolutions Inc. Enters 3-Year Reseller Agreement With Global IM Leader

OTTAWA, Ontario--(BUSINESS WIRE)-- Agile Work Evolutions Inc. (AWE), an award-winning North American ... See more »
February 4, 2021PR Newswire

OpenText Reports Second Quarter Fiscal Year 2021 Financial Results

Record Annual Recurring Revenues (ARR), Record Cloud Revenues WATERLOO, ON, Feb. 4, 2021 /PRNewswire/... See more »
January 29, 2021PRZOOM

OpenText Will Showcase Next-Generation Early Case Assessment During Legalweek(year) 2021

PRZOOM - Newswire (press release) - Fri, 29 Jan 2021 00:00:00 -0500, Waterloo, Ontario Canada - OpenT... See more »

OpenText Videos

October 22, 2019OpenText Youtube Channel

"Integrated Operational Applications" on YOUTUBE

March 3, 2017Gupta Technologies Youtube Channel

"TD Mobile 2.1 Interacting with REST Services" on YOUTUBE

February 22, 2017Gupta Technologies Youtube Channel

"TD Mobile 2.1 Native Compile" on YOUTUBE

February 17, 2017Gupta Technologies Youtube Channel

"TD Mobile 2.1 Slider Control and Range Slider Control" on YOUTUBE

February 15, 2017Gupta Technologies Youtube Channel

"TD Mobile 2.1 iOS Configuration, Build and Deploy" on YOUTUBE

Social Media

OpenText Headquarters

275 Frank Tompa Drive

Waterloo, OntarioN2L 0A1

519-888-7111

Driving Directions »

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OpenText Summary

ABOUT

Overview

OpenText Corp. (NASDAQ: OTEX) engages in the design and distribution of enterprise information management software and solutions. OpenText is the leader in Enterprise Information Management (EIM). Our EIM products enable businesses to grow faster, low...

CEO

OpenText's President & CEO, Mark J. Barrenechea, currently has an approval rating of 59%. OpenText's primary competitors are IBM, Veeva & J2 Global.

Website

opentext.com

Frequently Asked Questions about OpenText

  1. When was OpenText founded?

    OpenText was founded in 1991
  2. Who is OpenText's CEO?

    OpenText's CEO is Mark J. Barrenechea
  3. How much revenue does OpenText generate?

    OpenText generates $3.3B in revenue
  4. How much funding does OpenText have?

    OpenText has historically raised $0 in funding
  1. Where is OpenText's headquarters?

    OpenText's headquarters is in Waterloo Ontario, CA
  2. How many employees does OpenText have?

    OpenText has 14,300 employees
  3. What sector does OpenText operate in?

    OpenText is in Application Software, IT Services, Enterprise Software
  4. Who are OpenText's competitors?

    OpenText's top competitors are IBM, Veeva, J2 Global