Open Text Corp Stock Price, News & Analysis

OpenText (NASDAQ: OTEX) expanded OpenText Core Threat Detection and Response with deep integrations into Microsoft Defender for Endpoint, Microsoft Entra ID and Microsoft Security Copilot on Oct. 8, 2025.

The AI-powered solution adds behavior-based indicators and identity context to improve detection, reduce alert noise, guide investigations, and automate response across cloud, on-premises, and hybrid environments. Use cases highlighted include insider threat detection, account takeover correlation, early-stage ransomware detection, alert triage, and automated playbook-driven containment. OpenText positions the product as part of its OpenText Cybersecurity Cloud and says it is available now.

OpenText (NASDAQ: OTEX) announced the appointment of George Schindler to its board of directors effective Oct 6, 2025. Schindler served as President and CEO of CGI from 2016 to 2024, previously held senior leadership roles at CGI including President and COO, and currently serves on CGI's board. The company said Schindler will add experience relevant to OpenText's Information Management for AI strategy.

OpenText (NASDAQ: OTEX) announced a definitive agreement to sell its on-premise eDOCS solution from the Analytics portfolio to NetDocuments for US$163 million in cash on Oct. 2, 2025. The divested business generated approximately $30 million in annual revenue in the fiscal year ended June 30, 2025. OpenText says it will use proceeds to reduce outstanding debt. The software, customer contracts, services, and employees will transfer to NetDocuments. The transaction is expected to close by early 2026, subject to customary approvals and conditions. Goldman Sachs is financial advisor to OpenText.

OpenText (NASDAQ: OTEX) has appointed Steve Rai as Executive Vice President and Chief Financial Officer, effective October 6, 2025. Rai brings over 30 years of global finance experience, most recently serving as CFO of BlackBerry Limited, where he led financial strategy during significant technological transitions.

Rai, who holds a Bachelor of Business Administration from Simon Fraser University and is a Certified Public Accountant, will be based in Waterloo, Ontario. He succeeds Interim CFO Cosmin Balota, who will return to his role as Chief Accounting Officer.

OpenText (NASDAQ: OTEX) has released new research conducted by Foundry revealing a significant gap in AI adoption success rates. The study, surveying 515 senior IT leaders globally, shows that 70% of mature AI users report high satisfaction with their return on AI investment (ROAI), compared to only 42% of new adopters.

Organizations are investing an average of $5.4 million annually in generative AI tools, infrastructure, and talent. The research highlights that successful AI implementation heavily depends on information management maturity, with security and compliance risk (44%) being the top challenge. Less than half of organizations rate their governance as "very well," indicating a significant barrier to AI scaling.

OpenText (NASDAQ: OTEX) and Fiserv have announced Content Next, an AI-powered content management and workflow solution for financial institutions. Built on OpenText's multi-tenant SaaS platform, the solution aims to streamline operations and enhance customer service for banks and credit unions.

Content Next integrates natively with Microsoft 365 and Google Workspace, featuring AI-based search and summarize capabilities for processes like loan processing and deposit management. The solution will be previewed at the Fiserv Forum Client Conference on September 29-30, 2025, with availability coming soon.

The partnership addresses a critical need, as research shows that less than 50% of IT and security leaders report alignment between IT goals and AI strategy. The collaboration focuses on delivering secure information management solutions for AI-powered financial institutions.

OpenText (NASDAQ: OTEX) has released its third annual Global Managed Security Survey, revealing significant AI-driven growth opportunities and challenges for Managed Service Providers (MSPs). The survey of over 1,000 MSPs shows that 92% are experiencing AI-driven growth, with 96% expecting continued growth this year.

However, a concerning readiness gap has emerged, with only about half of MSPs feeling prepared to guide SMB customers in AI adoption—a sharp decline from 90% in 2024. The study also reveals that 71% of SMBs prefer all-in-one security bundles, while 95% of MSPs plan to expand their service offerings in the next year.

OpenText (NASDAQ: OTEX) has released a comprehensive global study conducted with the Ponemon Institute, surveying nearly 1,900 IT leaders about AI readiness and information security. The research reveals a significant gap between AI ambitions and organizational readiness, with 73% of respondents identifying information complexity reduction as crucial for AI success.

Key findings show that while 57% of organizations prioritize AI adoption and 54% are confident in ROI, 53% find it extremely challenging to mitigate AI security risks. Currently, 32% have adopted generative AI, with another 26% planning implementation within six months. The study highlights that fewer than half (47%) of organizations have aligned IT security goals with AI strategy.

OpenText (NASDAQ: OTEX) has announced its participation in the HPE Unleash AI partner program, expanding its collaboration with HPE to accelerate enterprise AI adoption. The partnership combines OpenText's Aviator AI solutions with HPE Private Cloud AI, offering pre-validated, secure, and scalable AI industry solutions.

The collaboration focuses on delivering faster time-to-market, flexible deployment options, enhanced data intelligence, and stronger security compliance. Additionally, the partnership leverages HPE Alletra Storage MP X10000 and OpenText Analytics Database to provide enterprises with a secure, scalable analytics foundation.

With the global AI market projected to reach $3.68 trillion by 2034, this strategic partnership aims to help enterprises implement AI solutions across healthcare, finance, manufacturing, and retail sectors.