Open Text Corporation
OpenText provides software and services for managing information across an organisation.
- Categories
- Backup and cyber recovery, Application security testing, Data loss prevention, Encryption and key management, Managed security services
- Based in
- Waterloo, Canada
- Founded
- 1991
- Ownership
- Public, OTEX
- Listed
- OTEX on Nasdaq
- Revenue
- $5.2bn (FY2026), from the annual report
About Open Text Corporation
OpenText provides software and services for managing information across an organisation. It helps customers connect data from different systems, including CRM, ERP, supply chain and content management, so that data can be used for AI. The company says it serves over 120,000 organisations in 180 countries, including most of the largest global companies. Its offerings cover areas such as business networks, content management, cybersecurity, observability, DevOps, customer experience, legal technology, and device and data protection. OpenText sells to businesses in many industries and provides professional, support, learning, customer success and managed services. It also offers AI tools under the Aviator brand, which can search, summarise and automate tasks. The company emphasises secure and governed data management, with encryption, identity safeguards and compliance with industry and regional standards. It provides deployment options including on-premises, hybrid and private cloud.
Products
- OpenText Fax (RightFax)A digital fax system that sends and receives documents securely and connects with business applications.
- OpenText Fax AviatorAn AI tool for fax that routes documents, creates summaries and extracts data.
- OpenText Fax Cloud ConnectA cloud service for fax transmission built for OpenText Fax.
- OpenText Fax Private CloudA managed private cloud option for fax that removes the need for on-site hardware and telephony.
- OpenText Service Management AviatorA private generative AI virtual agent that handles simple IT requests and service issues.
- OpenText Universal Discovery and CMDBA tool that shows how applications and IT infrastructure relate across clouds and data centres.
Ownership and deals
- Open Text Corporation acquired PillrReport on Open Text Corporation buying Pillr (opens in a new tab)
- Open Text Corporation acquired BricataReport on Open Text Corporation buying Bricata (opens in a new tab)
- Open Text Corporation acquired Zix for $860mReport on Open Text Corporation buying Zix (opens in a new tab)
Acquisitions come from SecurityWeek's monthly M&A round-ups from 2021 onwards, from Cybersecurity Ventures' quarterly M&A reports for 2020, and a few from Wikipedia lists. Funding rounds from 2022 onwards come from Return on Security's weekly Security, Funded newsletter. These are dated to the month. A few deals added from the news are dated to the day. Smaller deals may be missing. Amounts are in US dollars.