Open Text Stock Is A Modern Rarity - An AI Diamond With A Low P/E

Open Text (OTEX) is a top GARP buy with strong AI growth, solid fundamentals, and dividends. Read here for an investment analysis.
SiliconANGLE

OpenText expands restructuring initiative after larger-than-expected sales drop

OpenText Corp. will cut 1,200 roles as part of a restructuring initiative designed to lower its annual expenses by up to $550 million. The software maker announced the plan today in conjunction with ...
CRN

Layoffs Ahead As OpenText Closes $5.8B Micro Focus Buy

OpenText says it expects to reduce the company’s workforce by 8 percent following its $5.8 billion acquisition Tuesday of Micro Focus. OpenText completed its massive $5.8 billion acquisition Tuesday ...
Nasdaq

Lower Earnings Aside, Open Text Remains One of Canada’s Top Tech Stocks

Open Text (CA:OTEX) reported its third-quarter 2023 results last week. Revenues were up 44.9%, excluding currency effects, to $1.28 billion, with a 41.1% increase in annual recurring revenues. If you ...
CRN

OpenText Appoints Kaseya’s Mike DePalma As New VP Of Business Development: Exclusive

‘This is an exciting time for OpenText, and I’m thrilled to join a company that values its partners as much as I do,’ says Mike DePalma, new vice president of business development. ‘We have a great ...
Nasdaq

OpenText Receives All Regulatory Approvals For Acquisition Of Micro Focus

(RTTNews) - OpenText (OTEX, OTEX.TO) said that it has received all regulatory approvals for the proposed acquisition of Micro Focus International plc (MCRO.L). The acquisition is expected to close on ...