Open Text Corp. is a Canadian software company specializing in enterprise information management solutions. The company was founded in 1991 by University of Waterloo graduates Frank Tompa, Timothy Bray, and Tom Jenkins. It is headquartered in Waterloo, Ontario, Canada.
Open Text provides software and services that help organizations manage and secure their digital information. The company's products and solutions cover a wide range of areas, including content management, business process management, customer experience management, information governance, and data discovery. These solutions enable businesses to efficiently capture, store, manage, and analyze their data, ensuring accessibility and security.
Over the years, the company has made numerous strategic acquisitions to expand its product portfolio and strengthen its market presence. Notable acquisitions include the purchase of Documentum, a leading provider of enterprise content management software, and GXS, a global provider of business-to-business integration and managed file transfer services.
Open Text's product is the OpenText™ Enterprise Information Management (EIM) platform. This platform integrates various solutions and modules to deliver a comprehensive suite of tools for managing enterprise information. It enables organizations to handle content, records, and processes across different systems and platforms, providing a unified and secure environment for information management.
As a global company, Open Text operates in multiple countries and serves customers in various industries, including financial services, healthcare, manufacturing, and government sectors. The company has a global presence and serves customers through a combination of direct sales and partnerships with technology providers and resellers.
Open Text is listed on both the NASDAQ and Toronto Stock Exchange under the ticker symbol "OTEX." The company has consistently demonstrated strong financial performance and has received recognition and awards for its innovative solutions and industry leadership. With a focus on digital transformation and information management, Open Text continues to evolve its offerings to meet the evolving needs of organizations in the digital age.