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{{Short description|Canadian software company}}
{{Distinguish|open text|OpenDocument}}
{{Use Canadian English|date=August 2024}}
{{Infobox company
| name = OpenText Corporation
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| image_caption = Headquarters in Waterloo, Canada
| type = [[Public company|Public]]
| traded_as = {{Unbulleted list|{{tsx|OTEX}}||{{NASDAQ|OTEX}}|[[S&P/TSX 60]] component}}
| industry = [[Computer Software]]
| ISIN = {{ISIN|sl=n|pl=y|CA6837151068}}
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| founders = {{Unbulleted list|[[Tim Bray]]|[[Gaston Gonnet]]|[[Frank Tompa]]}}
| location = [[Waterloo, Ontario]], Canada
| key_people = Mark Barrenechea<br />([[Chief executive officer|CEO]] & [[Chief technology officer|CTO]])
| products = [[Enterprise content management]] (ECM), [[business process management]] (BPM), [[customer experience management]] (CEM), [[information exchange]], discovery and [[analytics]] software, [[cybersecurity software]]
| revenue = {{increase}} {{US$|45.4877 billion|link=yes}} (20232024)
| operating_income = {{decreaseincrease}} US$516887 million (20232024)
| net_income = {{decreaseincrease}} US$151465 million (20232024)
| assets = {{increasedecrease}} US$1714.12 billion (20232024)
| equity = {{decreaseincrease}} US$4.0220 billion (20232024)
| subsid = {{Unbulleted list|[[Carbonite, Inc.]]|[[Micro Focus]]|[[Webroot]]}}
| num_employees = {{circa|2422,100}}900
| num_employees_year = 20232024
| website = {{URL|opentext.com}}
| footnotes = Financials {{as of|20232024|06|30|lc=y|df=US}}<ref name="10K 20232024">{{cite web |url=https://www.sec.gov/ix?doc=/Archives/edgar/data/00010026381002638/000100263823000022000100263824000052/otex-2023063020240630.htm |title=Open Text Corporation FiscalFY 20232024 Annual Report (Form 10-K) |date=31 August 20232024 |publisher=[[U.S. Securities and Exchange Commission]]}}</ref>
}}
'''OpenText Corporation''' (styled as ''opentext'') is a Canadian Information [[company]] that [[Software development|develops]] and sells [[enterprise information management]] (EIM) [[software]].<ref>{{cite web|url=http://www.branham300.com/index.php?year=2010&listing=4|title=Branham Group Inc. > Branham300 > 2010 Edition|website=www.branham300.com|access-date=19 March 2018|archive-date=27 October 2017|archive-url=https://web.archive.org/web/20171027024841/https://www.branham300.com/index.php?year=2010&listing=4|url-status=dead}}</ref>
 
OpenText, headquartered in [[Waterloo, Ontario]], Canada,<ref>{{cite web|url=http://www.cantechletter.com/2011/04/cantech-letter-interviews-john-shackleton-open-text/|title=Cantech Letter interviews John Shackleton of OpenText|author=Nick Waddell|work=[[Cantech Letter]]|date=29 April 2011}}</ref> is Canada's fourth-largest software company as of 2022,<ref>{{cite web |last=MAVERICK |first=J.B. |date=September 26, 2022 |title=The 5 Biggest Canadian Software Companies |url=https://www.investopedia.com/articles/markets/082615/5-biggest-canadian-software-companies.asp |url-status=live |archive-url=https://webcache.googleusercontent.com/search?q=cache:kosAvhu5h74J:https://www.investopedia.com/articles/markets/082615/5-biggest-canadian-software-companies.asp&cd=4&hl=en&ct=clnk&gl=us |archive-date=November 8, 2022 |access-date=November 8, 2022 |website=Investopedia |publisher=}}</ref> and recognized as one of Canada's top 100 employers 2016 by Mediacorp Canada Inc.<ref>{{cite web|title=Recognized as one of Canada's Top 100 Employers 2016|url=http://content.eluta.ca/top-employer-opentext|publisher=Mediacorp Canada Inc.}}</ref>
 
OpenText software applications manage content and [[unstructured data]] for large companies, government agencies, and professional service firms.<ref>{{cite web|url=https://www.bloomberg.com/profile/company/OTEX:CN|title=Open Text Corp|date=23 November 2020|publisher=Bloomberg}}</ref> OpenText aims its products at addressing [[information management]] requirements, including management of large volumes of content, compliance with regulatory requirements, and mobile and online experience management.<ref>{{cite web|url=https://www.theregister.com/2020/04/14/opentext_trading_grid/|title=Integrate all the things: OpenText would like to knit together application data from across company boundaries|date=23 November 2020|publisher=The Register}}</ref>
 
OpenText employs 2422,100900 people worldwide, and is a publicly traded company, listed on the [[Toronto Stock Exchange]] and the [[NASDAQ]] (OTEX).<ref name="10K 20232024"/>
 
==History==
[[Timothy Bray]], with University of Waterloo professors [[Frank Tompa]] and [[Gaston Gonnet]], founded OpenText Corporation in 1991.<ref>{{cite web | url = http://www.referenceforbusiness.com/history2/72/Open-Text-Corporation.html | title = OpenText Corporation - Company Profile, Information, Business Description, History, Background Information on OpenText Corporation | website = Reference for Business | publisher = Advameg, Inc | access-date = 2017-03-05}}</ref> It grew out of OpenText Systems Inc., founded in 1989. The founders spun the company off from a [[University of Waterloo]] project that developed technology to index the [[Oxford English Dictionary]].<ref>{{cite news | last = Silcoff | first = Sean | date = 2015-07-19 | title = Waterloo startup to software leader, OpenText pins future on digitization | url = https://www.theglobeandmail.com/technology/waterloo-startup-to-software-leader-open-text-pins-future-on-digitization/article25586844/ | work = The Globe and Mail | location = Toronto | access-date = 2017-03-05}}</ref>
 
Key people involved later include Tom Jenkins, who joined the company as COO in 1994. Tom Jenkins later became president and [[Chiefchief executive officer|Chief Executive Officer]],<ref>{{cite book|editor=Nick Bontis|title=World Congress on Intellectual Capital Readings|url=https://books.google.com/books?id=jroJBAAAQBAJ&q=Open+Text+Corporation&pg=PA8|year=2011|publisher=Routledge|page=7|isbn=9781136347962}}</ref> and has been Executive Chairman since 2013. John Shackleton served as president from 1998 to 2011, and as CEO from 2005 to 2011. Mark Barrenechea has been president and CEO of OpenText since 2012.<ref>{{cite web|title=Investor FAQs {{!}} OpenText|url=http://investors.opentext.com/faq.cfm|website=investors.opentext.com|access-date=2016-02-15|archive-url=https://web.archive.org/web/20160323151925/http://investors.opentext.com/faq.cfm|archive-date=2016-03-23|url-status=dead}}</ref> Mark Barrenechea was named Canadian Business CEO of the year in 2015.<ref name="Canadian Business CEO of year 2015">{{cite web|url=http://www.canadianbusiness.com/leadership/ceo-of-the-year/top-new-ceo-mark-barrenechea-opentext/|title=Top New CEO of the year|publisher=Image and data manager|date=2016-07-07|access-date=2010-11-16|archive-date=2015-10-21|archive-url=https://web.archive.org/web/20151021144044/http://www.canadianbusiness.com/leadership/ceo-of-the-year/top-new-ceo-mark-barrenechea-opentext/|url-status=dead}}</ref> From January 2016, Steve Murphy served as the President;<ref>{{cite press release|url=http://www.prnewswire.com/news-releases/opentext-announces-ceo-to-assume-additional-role-of-chief-technology-officer-and-appointment-of-a-new-president-300197097.html|title=OpenText Announces CEO to Assume Additional Role of Chief Technology Officer and Appointment of a New President|first=Open Text|last=Corporation|website=www.prnewswire.com|access-date=19 March 2018}}</ref> however, the company eliminated the position in Q1 2017.<ref>{{Cite press release|title=OpenText Reports Third Quarter Fiscal Year 2017 Financial Results|date=8 May 2017|url=http://news.sys-con.com/node/4075665|access-date=2 June 2017|archive-url=https://web.archive.org/web/20180319151349/http://news.sys-con.com/node/4075665|archive-date=19 March 2018|url-status=dead}}</ref>
 
OpenText is a supporter of the [[University of Waterloo Stratford Campus]], contributing both funds and in-kind services to the school.<ref>{{cite web|url=http://kitchener.ctvnews.ca/grand-opening-for-uw-stratford-campus-1.997827|title=Grand opening for UW Stratford Campus|work=Kitchener|date=16 October 2012}}</ref>
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In 2004, OpenText acquired Artesia.<ref>{{Cite web|date=4 August 2004|title=Open Text to acquire Artesia|url=https://www.cnet.com/news/open-text-to-acquire-artesia/|access-date=16 November 2020|website=cnet}}</ref>
 
In 2006, OpenText acquired [[Hummingbird Ltd.]] for US$489 million.<ref>{{cite web |title=HummingbirdOpen rejectsText Symphony,to acceptsbuy Open Text bidHummingbird |url=https://www.computerworld.com/article/28197352656356/hummingbirdopen-rejectstext-symphonyto-buy-accepts-open-text-bidhummingbird.html |website=[[Computerworld]] |date=2006-08-08 |last=BennettSayer |first=AmyPeter }}{{Dead link|date=October 2023 |bot=InternetArchiveBot |fix-attempted=yes }}</ref>
 
In 2008, the company acquired Captaris, Inc. for US$131 million.<ref name="Open Text to Acquire Document Management Provider Captaris">{{cite web|url=https://www.cmswire.com/cms/enterprise-cms/open-text-to-acquire-document-management-provider-captaris-003099.php|title=Open Text to Acquire Document Management Provider Captaris|date=2008-09-04}}</ref>
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[[File:OpenTextRHOfficeBuilding9.jpg|thumb|OpenText office in Richmond Hill, Ontario]]
 
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, OpenText NetIQ, OpenText ArcSight, OpenText Voltage, OpenText Fortify), 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.<ref>{{cite web|url=https://searchcontentmanagement.techtarget.com/news/252481403/New-OpenText-CE-apps-services-roll-out|title=New OpenText CE apps, services roll out|date=23 November 2020|publisher=Search Content Management}}</ref>
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=== Archive Center (Archive Server) ===
[[File:AdminClient16.png|thumb|Archive Center v16 Administration Client]]
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.<ref>{{Cite web|url=https://www.opentext.com/products-and-solutions/products/enterprise-content-management/archiving/opentext-archive-center|title=OpenText Archive Solutions|website=OpenText|access-date=Dec 4, 2019}}</ref>
 
=== 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 analyzeanalyse both structure data and unstructured, textual content. It offers machine-assisted decision-making, automation, and business optimization in a scalable, flexible solution.{{Buzzword inline|date=May 2023}}<ref>{{Cite web|url=https://www.opentext.com/about/press-releases?id=B6CE8AEEA2754523A5392E788BC427E0|title=News and Press Releases (PR)|website=OpenText|language=en|access-date=2019-12-19}}</ref>
 
=== RightFax ===
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{{Authority control|state=expanded}}
 
[[Category:OpenText| ]]
[[Category:Canadian companies established in 1991]]
[[Category:Companies based in Waterloo, Ontario]]
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