Welcome to our dedicated page for Open Text news (Ticker: OTEX), a resource for investors and traders seeking the latest updates and insights on Open Text stock.
Open Text Corporation reports news about enterprise data management, secure information management for AI, cloud services and capital allocation. Company updates commonly cover financial results, cloud revenue and annual recurring revenue, sovereign cloud offerings for regulated European organizations, and partnerships that place OpenText products on hyperscaler cloud infrastructure.
OpenText news also includes portfolio actions such as the completed Vertica divestiture, capital allocation through share repurchase authorizations and dividends, leadership changes, and research on AI governance and cybersecurity foundations.
OpenText (NASDAQ/TSX: OTEX) has appointed Jill Larsen to its board of directors, effective immediately. According to OpenText, Larsen is Chief People Officer at Synopsys and has held senior HR leadership roles at PTC, Medidata, Cisco Systems, EMC and SunGard.
OpenText said Larsen brings experience in organizational strategy, talent planning, executive compensation and workforce design. The company also announced that director Kristen Ludgate has resigned from the board for personal reasons, effective today, and stated her resignation was not due to any disagreement with the company.
OpenText (NASDAQ: OTEX, TSX: OTEX) will release its fourth quarter fiscal 2026 financial results before market open on Thursday, August 6, 2026. The company will host a 60-minute earnings webcast that day at 8:00 a.m. ET / 5:00 a.m. PT, accessible via its investor relations website.
OpenText (TSX: OTEX) announced a €105 million investment in Ireland that will create 400 new jobs in Cork and Galway over three years. The plan expands EMEA capabilities in agentic AI, sovereign cloud, and cybersecurity, supporting highly regulated and mission-critical organisations.
The project, backed by IDA Ireland, is described as the largest investment in Ireland by a Canada-headquartered technology company and aligns with OpenText’s cloud-of-choice strategy for hybrid, private, and sovereign cloud deployments.
OpenText (NASDAQ/TSX: OTEX) has joined the OECD Hiroshima AI Process (HAIP) Reporting Framework, aligning with the G7 voluntary code of conduct for safe advanced AI. The company manages human, machine and transactional data for over 120,000 organizations, supporting trusted, enterprise-grade agentic AI deployment.
OpenText (NASDAQ/TSX: OTEX) completed the divestiture of its non-core structured data analytics platform Vertica to Rocket Software for US$150 million in cash, before taxes, fees, and other adjustments.
OpenText plans to use the net proceeds to reduce outstanding debt and focus investment on core businesses.
OpenText (OTEX) reported Q3 FY2026 results for the quarter ended March 31, 2026. Total revenues were $1.283B (+2.2% Y/Y) with cloud revenue $493M (+6.6% Y/Y). GAAP net income was $173M (+86.0% Y/Y) and adjusted EBITDA was $438M (34.1% margin). The Board declared a $0.275 quarterly dividend and repurchased/cancelled 9.7M shares.
OpenText (NASDAQ: OTEX) named James McGourlay President, Chief Client Officer, effective April 20, 2026. McGourlay moves from Interim CEO to lead global client experience, professional services and renewals, reporting to Ayman Antoun, CEO as of April 20, 2026.
The appointment underscores a focus on client outcomes, accelerated cloud migration and OpenText's positioning for data and security in enterprise AI. Paul Duggan will step down as President, Chief Customer Officer and remain as Executive VP, Special Advisor until his departure on July 1, 2026.
OpenText (NASDAQ: OTEX) announced a strategic partnership with S3NS and Google Cloud on April 13, 2026 to deliver a hybrid European sovereign cloud based in France. The offering combines OpenText content platforms with S3NS PREMI3NS SecNumCloud qualifications to meet GDPR, SecNum 3.2 and local data residency rules.
The initial suite includes dedicated private cloud for sensitive workloads, Sovereign SaaS Core Archive for SAP solutions with European residency, and a hybrid model to leverage hyperscaler innovation while keeping regulated data under regional control.
OpenText (NASDAQ: OTEX) will make several enterprise data and AI solutions available on the AWS European Sovereign Cloud, expanding its hybrid sovereign cloud footprint into the EU on April 13, 2026. The move supports EU data residency, operational autonomy, and AI‑ready content management while leveraging AWS infrastructure and services.
Products including Content Management, Documentum Content Management, Core Application Security, and Core Service Management will run within EU-located infrastructure to help regulated organizations meet governance requirements.
OpenText (NASDAQ: OTEX) announced a preliminary Q3 FY2026 revenue expectation of approximately US$1.28 billion and said it will release full third-quarter results on Thursday, May 7, 2026 at about 4:00 p.m. ET. The company will host an earnings webcast and call at 5:00 p.m. ET the same day.
Ayman Antoun will begin as chief executive officer on April 20, 2026 and will participate in the May 7 earnings call alongside interim CEO James McGourlay and CFO Steve Rai. The webcast is accessible via the OpenText investor relations website.