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โ Due Diligence๐ข Press Releases
| Date | Press release |
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| 2026-02-02 09:10:00 | Rocket Software To Acquire Vertica Analytics Database Platform From Opentext Waltham, mass., feb. 02, 2026 (globe newswire) -- rocket software, a global technology leader in modernization software, today announced it has entered into a definitive agreement to acquire the vertica analytics database from opentext (nasdaq: otex), (tsx: otex). |
| 2026-02-02 09:00:00 | Opentext To Divest Vertica For Us$150 Million Opentext to continue focusing on core cloud products for secure, trusted data for enterprise aiย waterloo, on, feb. 2, 2026 /prnewswire/ -- open text corporation (nasdaq: otex), (tsx: otex), a global leader in secure information management for ai,ย today announced that it has reached a definitive agreement to divest vertica, a part of its non-core analytics portfolio, to rocket software inc., a bain capital portfolio company (โrocket softwareโ) for us$150 million in cash, before taxes, fees and other adjustments. โwe are executing on our strategic plan, focusing on our core product offerings, our expertise in secure data for enterprise ai, and cloud solutions that provide strategic choice and flexibility for our customers,โ said p. |
| 2026-01-29 08:30:00 | Opentext Appoints Ayman Antoun As Chief Executive Officer Proven global technology leader to drive disciplined growth in cloud modernization and enterprise ai waterloo, on, jan. 29, 2026 /prnewswire/ --ย opentext corporation (nasdaq: otex) (tsx: otex) (โopentextโ or the โcompanyโ) today announced that its board of directors (โboardโ) has appointed ayman antoun as chief executive officer and a member of the board, effective april 20, 2026. mr. antoun brings more than three decades of global technology, operating discipline and transformation leadership to opentext, built over a seasoned career in the information technology industry. |
| 2026-01-12 14:00:00 | Opentext Completes Divestiture Of Non-core Unit For $163 Million Opentext to use proceeds to reduce debt waterloo, on, jan. 12, 2026 /prnewswire/ -- open text corporation (nasdaq: otex), (tsx: otex), today announced that it has successfully completed its previously announced divestiture of an on-premise solution, edocs, a part of its analytics portfolio, to netdocuments software, inc., for $163 million in cash before taxes, fees and other adjustments. โthe closing of this transaction reinforces our strategic commitment to divest non-core assets as we continue to sharpen our focus on growing our core business to accelerate long-term value creation,โ said tom jenkins, opentext executive chairman of the board and chief strategy officer. |
| 2026-01-07 16:01:00 | Opentext To Report Second Quarter Fiscal Year 2026 Financial Results On Thursday, February 5, 2026 Waterloo, on, jan. 7, 2026 /prnewswire/ --ย open text corporation (nasdaq: otex), (tsx: otex), announced today that financial results for its second quarter fiscal year 2026 will be released on thursday, february 5, 2026, at approximately 4:00 p.m. et. opentext to host conference call webcast the earnings call will be hosted on february 5, 2026, at 5:00 p.m. |
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