About OpenText
OpenText is a company based in Waterloo (Canada) founded in 1991 by Tim Bray, Gaston Gonnet, and Frank Tompa. The company has 21,400 employees as of June 30, 2025. OpenText has completed 42 acquisitions, including Bluebird, Born and Bricata. OpenText operates in a competitive market with competitors including Workiva, Formstack, Syndigo, Nintex and ASG Technologies, among others.
- Headquarter Waterloo, Canada
- Employees 21400 as on 30 Jun, 2025
- Founders Tim Bray, Gaston Gonnet, Frank Tompa
- Stage Public
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name Open Text Corporation
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Annual Revenue
$5.27 B (USD)-7.79as on Jun 30, 2025
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Net Profit
$444.6 M (USD)-3.53as on Jun 30, 2025
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EBITDA
$1.72 B (USD)-5.4as on Jun 30, 2025
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Latest Funding Round
$1 B (USD), Debt – Conventional
Jun 01, 2018
- Investors
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Employee Count
21400
as on Jun 30, 2025
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Investments & Acquisitions
Bluebird
& 41 more
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IPO & Listings of OpenText
OpenText is a publicly listed company on the TSX with ticker symbol OTEX in Canada, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
People of OpenText
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Software Development Team
222 people
Leadership Team
117 people
Sales and Marketing
110 people
Senior Team
38 people
Product Management Team
24 people
Human Resources and Administration
20 people
Finance and Accounting
20 people
Lead Team
18 people
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Funding Insights of OpenText
Investors in OpenText
OpenText has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Royal Bank of Canada.
| Investor | Description | Founded Year | Domain | Location |
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Comprehensive banking and financial services are provided globally.
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Investor details for OpenText
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
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Investments & Acquisitions by OpenText
OpenText has strategically engaged in corporate development activities, having acquired 42 companies. Notable acquisitions include Bluebird, Born and Bricata.
Investment portfolio details for OpenText
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Cybersecurity suite solutions are provided, including SIEM and incident response.
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Locked | Locked | 2022 | Locked | |
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Provider of network security and data protection solutions
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Locked | Locked | 2014 | Locked | |
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Customer communication management solutions are provided to businesses.
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Locked | Locked | 2010 | Locked |
Complete acquisition details for OpenText
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
- Acquired stakes
- Disclosed values
- Domains and locations
Verified entity values are shown only after access is granted.
Financial Statements - OpenText
Detailed financials for OpenText
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
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Opentext Comparisons
Peer comparison for OpenText
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- Named peers
- Headcount comparison
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- Operating benchmarks
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Competitors of OpenText
OpenText operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Workiva, Formstack, Syndigo, Nintex and ASG Technologies, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Cloud-based platform for compliance and reporting management is delivered.
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Cloud-based workflow automation is provided for enterprise productivity.
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Cloud-based data management solutions for commerce enterprises are provided.
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AI-interfaced software is utilized for process management and workflow automation.
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Cloud-based unified IT management solution for businesses
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Detailed competitors of OpenText
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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- Full company profiles
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- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Opentext
Complete news archive for OpenText
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- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
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Frequently Asked Questions about OpenText
OpenText was founded in 1991 and raised its 1st funding round 27 years after it was founded.
OpenText is headquartered in Waterloo, Canada. It is registered at Waterloo, Ontario, Canada.
As of Jun 30, 2025, the latest employee count at OpenText is 21,400.
Annual revenue of OpenText is $5.27B as on Jun 30, 2025.
Cloud-based enterprise information management and GRC software. It is a provider of cloud native information management solutions, enabling organizations to capture, manage, and deliver information. It offers an integrated platform that provides an infrastructure for managing unstructured data, and offers a range of solutions for data analytics, content management, and business process management. It uses AI to generate data and insights from multiple business processes. It offers integrated ECM, BPM, CEM, and information exchange systems. The features of the product include document and records management, workflow automation, search engine, archiving data, and add-ons such as email, eDiscovery, auto-classification, contract management, and engineering document management. It also offers an enterprise service that helps in application development. It features animations like bottleneck analysis, for process improvement.
Yes, OpenText is publicly traded on TSX under the ticker symbol OTEX.
OpenText has 1 investor. Key investors include Royal Bank of Canada.
The ticker symbol of OpenText is OTEX on TSX.