Open Text Corporation is a leading provider of enterprise information management solutions, helping organizations manage, secure, and leverage their data across various platforms. The company offers a comprehensive suite of tools for content management, business process management, and customer experience management, enabling businesses to streamline operations and enhance productivity. By integrating advanced technologies such as artificial intelligence and cloud services, Open Text empowers organizations to unlock the full potential of their information, drive digital transformation, and maintain compliance in an increasingly complex regulatory landscape. Read More
Shares of Open Text Corporation (NASDAQ: OTEX) traded at a new 52-week high today and are currently trading at $33.27. So far today, approximately 610.64k shares have been exchanged, as compared to an average 30-day volume of 458.85k shares.
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Rocket Software, Inc. (“Rocket Software”), a global technology leader driving modernization for the world’s largest companies, today announced it has signed a definitive agreement to acquire the Application Modernization and Connectivity business (AMC) of OpenText (NASDAQ: OTEX), (TSX: OTEX), which was formerly part of Micro Focus. The total purchase price is $2.275B.
