Last $57.76 USD
Change Today +0.70 / 1.23%
Volume 33.5K
OTEX On Other Exchanges
As of 10:08 AM 12/19/14 All times are local (Market data is delayed by at least 15 minutes).

open text corp (OTEX) Snapshot

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52 Week High
11/18/14 - $60.44
52 Week Low
01/14/14 - $44.05
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open text corp (OTEX) Details

Open Text Corporation provides a suite of software products and services that assist organizations in finding, utilizing, and sharing business information from various devices. The company offers enterprise content management products that provide content management, records management, archiving, email solutions, and collaboration capabilities; business process management for analyzing, automating, monitoring, and optimizing structured business processes; and customer experience management products, which offer Web content management, digital asset management, customer communications management, social communities, and portal capabilities. Its products also include information exchange solutions comprising business-to-business integration, fax, connectivity, capture and recognition, and secure messaging; and discovery solutions consisting of search, content analytics, semantic navigation, auto classification, and eDiscovery, as well as information access platform to deal with the issue of information silos. In addition, the company provides customer support programs that include access to software upgrades, a knowledge base, discussions, product information, and an online mechanism to post and review trouble tickets. Further, it offers professional services, such as consulting and learning services relating to the implementation, training, and integration of its product offerings into the customer’s systems; and cloud services that allow its customers to make use of its software, services, and content over Internet enabled networks. The company serves organizations, mid-market companies, and government agencies worldwide. It has strategic partnerships with SAP AG, Microsoft Corporation, and Oracle Corporation. Open Text Corporation was founded in 1991 and is headquartered in Waterloo, Canada.

8,000 Employees
Last Reported Date: 10/23/14
Founded in 1991

open text corp (OTEX) Top Compensated Officers

Chief Executive Officer, President and Non-In...
Total Annual Compensation: $690.2K
Executive Vice President of Worldwide Field O...
Total Annual Compensation: $439.4K
Senior Vice President of Engineering
Total Annual Compensation: $338.8K
Chief Legal Officer, Compliance Officer and C...
Total Annual Compensation: $380.6K
Compensation as of Fiscal Year 2014.

open text corp (OTEX) Key Developments

OpenText Opens Data Support Centers in Asia-Pacific Region

OpenText announced two data centers to support its OpenText Trading Grid and OpenText Managed Services customers across Japan and the Asia-Pacific region. Located in Tokyo and Osaka, the new facilities provide customers with the unparalleled reliability, performance and scalability required for the real-time delivery of information across a global business network. These facilities, operating in tandem, allow customers across Japan and the Asia-Pacific region to access a variety of enterprise-class cloud computing services and applications for securely managing, exchanging and socializing enterprise information. Additionally, OpenText customers across the region will benefit from the enhanced data sovereignty and service continuity of a local computing infrastructure, in Japan.

Esprinet S.p.A., Selects OpenText Managed Services for its E-Commerce Platform

OpenText(TM) announced that Esprinet S.p.A., a wholesale distributor of IT and consumer electronics in Italy and Spain, is using OpenText Managed Services to manage the day-to-day electronic transactions with Esprinet's large suppliers and customers across its Business-to-Business (B2B) e-commerce platform. Using the OpenText Trading Grid(R), Esprinet has consolidated its disparate B2B trading environment, encompassing a value-added network, Applicability Statement 2 (AS2) solutions and Internet-based electronic trading, to transform its digital business networks and streamline communications with partners across Europe and around the world. Esprinet is ranked as a top IT and consumer electronics distributor in Italy and Spain, with sales of more than EUR2 billion per annum. Esprinet's core business is delivering technology to over 20,000 resellers who typically address the needs of small-to-midsize businesses (SMBs). With its extensive network of trading partners, Esprinet wants to increase operational quality and productivity while driving down cost per transaction. A key objective for the company was to enhance trading visibility across the business, giving Esprinet the ability to track and monitor customer transactions in real time. With OpenText Managed Services, Esprinet now has improved visibility across its partner network, enabling new and innovative ways to connect with suppliers and customers worldwide from transaction processing, purchase order processing, partner mapping and on-boarding and technical support. The solution also allows Esprinet to evaluate and re-model critical business processes that are at the heart of the company growth strategy and profitability. Esprinet estimates that the adoption of OpenText Managed Services has enabled them to reduce the costs of its B2B e-commerce network while also gaining significant efficiency benefits beyond the cost savings. The OpenText Trading Grid is a cloud-based B2B integration solution that offers integration technology for enterprises to connect to their business partners quickly, securely and efficiently. OpenText Trading Grid is highly scalable and can manage the digital business network for an entire multi-national B2B ecosystem or handle a smaller subset of selected projects, regions, or trading partner relationships. Part of the OpenText Cloud, OpenText Trading Grid allows companies to exchange documents using EDI, XML, fax and email and offers a development platform for building web, mobile and analytic applications and a suite of pre-packaged applications to automate business processes such as capture-to-archive, inquiry-to-resolution, and procure-to-pay. The OpenText cloud processes over 16 billion transactions per year and houses over 350 terabytes of multimedia content for more than 600,000 businesses around the world.

OpenText Corporation Unveils OpenText Core

OpenText Corporation has unveiled OpenText Core, a cloud-based multi-tenant SAAS offering for information management. OpenText Core will allow for the simple, secure and smart exchange of corporate documents and collaborative information management. It combines the benefits of a secure cloud deployment with a simplified user experience across any device, whether tablet, phone or browser, to allow users to get files fast and easily. OpenText Core offers: information management; social collaboration; activity feeds; live editing; and administrative controls. Core features an HTML 5 file viewer for office documents and media. An interface designed simply and efficiently for work, regardless of device, contains capabilities such as drag and drop, full text searching sorting and filtering and version control for end users. Share documents among teams with internal and external permission controls. As with many social and cloud platforms, users have the ability to 'like' and leave comments on posts. Activity Feeds-Users have a dashboard of recent activity to keep track of their items as well as get a full view of their projects. The collaborative file viewer allows users to review files without the need to save copies locally on devices. Files can be edited within the Core experience and changes are reflected instantly, without having to wait for synchronization to a desktop location. Core provides an administrative dashboard as well as capabilities for user management, access management and remote wipe. Providing the controls necessary for business-centric cloud based information management.


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