Open Text Corp.’s stock OTEX was up by 2% in premarket trading on Wednesday, a day after the company said it would sell its AMC business unit to Rocket Software Inc., a Bain Capital portfolio company, ...

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 ...

Canadian-based Open Text's shares suffered from a downside of 20% when it announced the deal to acquire the U.K.'s Micro Focus. It could be because the merger synergies are not immediately obvious. To ...

Open Text Corporation (NASDAQ:OTEX) develops software that helps large organizations manage information securely and put it to work across cloud, security, and AI workflows. The business leans heavily ...

Canada’s Open Text Corp. agreed to buy UK software firm Micro Focus International Plc for about $6 billion including debt, building on a strategy of growth by acquisition with its largest deal yet.

(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 agreed to divest its application modernization and connectivity business to Rocket Software for about $2.28 billion in cash. Open Text, which develops and markets enterprise information ...

Open Text is a high-debt, flat-revenue software company offering a 4% dividend but limited growth prospects. OTEX's $5.8B debt load forces asset sales and restricts investment, with deleveraging ...

The agreement expands an already extensive alliance between the two vendors. Last October SAP began reselling Open Text's Enterprise Content Management software as part of its SAP Business Suite. SAP ...

Open Text (NasdaqGS:OTEX) has been on many investors’ screens after a stretch of weaker returns, with the share price down over the past day, week, month, past 3 months and year. At a last close of ...

Open Text (OTEX) came out with quarterly earnings of $0.94 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.73 per share a year ago. These figures are adjusted for ...

July 31 (Reuters) - Business software maker Open Text Corp earned less in long-term license fees than analysts had expected in the fourth quarter, sending its shares down 5 percent after the bell. The ...