Insights
Latest IR news and announcements for OPEN TEXT CORP (OTEX).
OpenText Corporation has successfully closed a $1.0 billion offering of senior secured notes, which will be used to redeem existing notes and extend the maturity of its revolving credit facility.
OpenText Corporation revealed the pricing terms and results of its cash tender offer to purchase up to $300 million of its outstanding senior notes, with a settlement date expected on October 2, 2026.
OpenText Corporation has amended its cash tender offer for its 3.875% Senior Notes due 2028, reducing the maximum tender amount from $450 million to $300 million and extending several key deadlines to September 30, 2026.
OpenText Corporation has initiated a cash tender offer to purchase up to $450 million of its outstanding 3.875% Senior Notes due 2028, contingent upon financing conditions and the successful completion of a proposed offering of senior secured notes.
OpenText Corporation has initiated an offering of senior secured notes to redeem its 2027 Notes and fund a tender offer for its 2028 Notes, with proceeds expected to support debt reduction and general corporate purposes.
OpenText Corporation has announced a $500 million senior secured notes offering to redeem its outstanding 2027 notes and fund a tender offer for part of its 2028 notes, with the offering expected to close on October 1, 2026.
OpenText Corporation has issued a conditional notice to redeem $1 billion of its 6.900% Senior Secured Notes due 2027, subject to financing conditions, while also exploring a potential offering of senior secured notes.
OpenText and Cohere have partnered to integrate trusted data with agentic AI, enhancing capabilities for governments and regulated industries. Their joint offering aims to facilitate the transition from AI pilot projects to full production deployment.
OpenText Corporation will release its fourth quarter fiscal year 2026 financial results on August 6, 2026, followed by a conference call hosted by CEO Ayman Antoun and CFO Steve Rai.
OpenText Corporation announces its financial results for Q4 and FY 2026, highlighting revenue growth, increased net income, and a focus on cloud services. The company plans to enhance sales capacity and invest in its core portfolio for sustainable growth.
OpenText Corporation has appointed Jill Larsen, a seasoned executive from Synopsys, to its board of directors, effective immediately. This appointment comes alongside the resignation of Kristen Ludgate for personal reasons.
OpenText will invest €105 million in Ireland, creating 400 jobs to enhance its capabilities in agentic AI, cybersecurity, and sovereign cloud services for EMEA markets, marking the largest investment by a Canadian tech company in Ireland.
OpenText has become one of the first Canadian companies to join the OECD's Global Safe AI Reporting Framework, enhancing its commitment to responsible AI governance and aligning with G7 standards for safe AI development and deployment.
OpenText has finalized the sale of its non-core structured data analytics platform, Vertica, to Rocket Software for $150 million, aligning with its strategy to focus on core business areas and reduce debt.
OpenText Corporation anticipates approximately $1.28 billion in revenue for Q3 FY2026, with a full earnings report scheduled for May 7, 2026. Ayman Antoun will officially become CEO on April 20, 2026.
OpenText Corporation has appointed James McGourlay as President and Chief Client Officer, effective April 20, 2026, transitioning from his role as Interim CEO. This move aims to enhance client experience and support cloud adoption.
OpenText Corporation announced its third quarter fiscal year 2026 financial results, highlighting total revenues of $1.28 billion and cloud revenue growth of 6.6% year-over-year, alongside a successful transition to new CEO Ayman Antoun.
OpenText announces the availability of its enterprise data and AI solutions on the AWS European Sovereign Cloud, enhancing its offerings for regulated EU organizations while ensuring data security and compliance within European boundaries.
OpenText has formed a strategic partnership with S3NS to deliver a trusted hybrid cloud platform in Europe, leveraging Google Cloud technology to ensure compliance and data residency for sensitive workloads in France and beyond.
A new report by OpenText and Ponemon Institute indicates that while many enterprises are adopting generative AI, security and governance practices lag significantly, posing risks to effective AI deployment and management.