OpenText Overview
- Year Founded
-
1991
- Status
-
Public
- Employees
-
12,900
- Stock Symbol
-
OTEX
- Investments
-
59
- Share Price
-
$30.86
- (As of Monday Closing)
OpenText General Information
Description
Open Text Corp is engaged in the design, development, marketing, and sale of Information Management software and solutions. Its software allows clients to archive, aggregate, retrieve, and search unstructured information (such as documents, e-mail, and presentations). Its platform and services provide secure and scalable solutions for enterprises, SMBs, governments, and consumers around the world. The company's solutions are marketed and delivered on the OpenText Cloud Platform, which is a comprehensive Information Management platform consisting of six business clouds; Content Cloud, Cybersecurity Cloud, Application Automation Cloud, Business Network Cloud, IT Operations Management Cloud, and Analytics Cloud. Geographically, it derives maximum revenue from the United States.
Contact Information
Website
www.opentext.comCorporate Office
- 275 Frank Tompa Drive
- Waterloo, Ontario N2L 0A1
- Canada
Corporate Office
- 275 Frank Tompa Drive
- Waterloo, Ontario N2L 0A1
- Canada
OpenText Timeline
OpenText Stock Performance
As of 09-Dec-2024, OpenText’s stock price is $30.86. Its current market cap is $8.21B with 268M shares.
(As of Monday Closing)
| Stock Price | Previous Close | 52 wk Range | Market Cap | Shares | Average Volume | EPS |
|---|---|---|---|---|---|---|
| $30.86 | $30.95 | $27.56 - $44.83 | $8.21B | 268M | 709K | $1.73 |
OpenText Financials Summary
As of 30-Sep-2024, OpenText has a trailing 12-month revenue of $5.61B.
|
In Thousands, USD |
TTM 30-Sep-2024 | FY 2024 30-Jun-2024 | FY 2023 30-Jun-2023 | FY 2022 30-Jun-2022 |
|---|---|---|---|---|
| EV | 14,344,763 | 15,614,517 | 19,302,820 | 12,966,162 |
| Revenue | 5,613,153 | 5,769,577 | 4,484,980 | 3,493,844 |
| EBITDA | 1,920,738 | 2,053,401 | 1,208,112 | 1,177,844 |
| Net Income | 468,557 | 465,090 | 150,379 | 397,090 |
| Total Assets | 13,779,291 | 14,205,707 | 17,089,200 | 10,178,973 |
| Total Debt | 6,677,839 | 6,687,413 | 9,245,950 | 4,474,642 |
OpenText Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
OpenText Comparisons
Industry
Financing
Details
OpenText Competitors (53)
One of OpenText’s 53 competitors is MicroStrategy (Business/Productivity Software), a Corporation company based in Tysons, VA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| MicroStrategy (Business/Productivity Software) | Corporation | Tysons, VA | ||||
| CommVault Systems | Formerly VC-backed | Tinton Falls, NJ | ||||
| New Relic | Private Equity-Backed | San Francisco, CA | ||||
| Box (IT Services) | Formerly VC-backed | Redwood City, CA | ||||
| ServiceNow | Formerly VC-backed | Santa Clara, CA |
OpenText Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
-
Verticals
OpenText Patents
OpenText Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-20240403472-A1 | Methods and systems for tenancy in a multitenant environment | Pending | 28-Jun-2024 | ||
| US-20240406289-A1 | Method and system for parallel content download | Pending | 04-Jun-2024 | ||
| US-20240346148-A1 | Methods for web container security patching | Pending | 27-Dec-2023 | ||
| US-20240362012-A1 | Configurable helm merge utility | Pending | 27-Dec-2023 | ||
| US-12015744-B1 | Systems and methods for large document transfer and decentralized storage | Active | 20-Jun-2023 | H04N1/00217 |
OpenText Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
OpenText Investments & Acquisitions (59)
OpenText’s most recent deal was a Merger/Acquisition with Pillr Platform. The deal was made on 22-May-2024.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Pillr Platform | 22-May-2024 | Merger/Acquisition | Network Management Software | ||
| KineMatik | 23-Aug-2023 | Merger/Acquisition | IT Consulting and Outsourcing | ||
| Micro Focus International | 31-Jan-2023 | Merger/Acquisition | Business/Productivity Software | ||
| Zix | 23-Dec-2021 | Merger/Acquisition | Systems and Information Management | ||
| Bricata | 24-Nov-2021 | Merger/Acquisition | Network Management Software |
OpenText Subsidiaries (8)
| Company Name | Industry | Location | Founded |
|---|---|---|---|
| Pillr Platform | Network Management Software | Wichita, KS | 2018 |
| Open Text Public Sector Solutions | IT Consulting and Outsourcing | Arlington, VA | |
| Carbonite | Network Management Software | Boston, MA | |
| Burntsand | IT Consulting and Outsourcing | Toronto, Canada | |
| Centrinity | Communication Software | Richmond Hill, Canada |
OpenText ESG
Risk Overview
Risk Rating
Updated October, 17, 2024
16.81 | Low Risk
Risk Scale
A lower score indicates better sustainability
Negl
0-10
Low
10-20
Med
20-30
High
30-40
Severe
40+
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues
Management
Management is related to actions taken to manage ESG issues
Peers Analysis
Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.
Global
Covered Companies
of 15,100
Rank
Percentile
Software & Services
Industry
of 961
Rank
Percentile
Enterprise and Infrastructure Software
Subindustry
of 379
Rank
Percentile
OpenText Exits (2)
OpenText’s most recent exit was on 14-Oct-2010 from Applied Voice & Speech Technologies. The exit was categorized as with 5 buyers.
| Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
|---|---|---|---|---|---|
| Applied Voice & Speech Technologies | 14-Oct-2010 | Completed |
|
||
| Dotdash Meredith | 01-Jan-1998 | Early Stage VC | Completed |
|
OpenText FAQs
-
When was OpenText founded?
OpenText was founded in 1991.
-
Where is OpenText headquartered?
OpenText is headquartered in Waterloo, Canada.
-
What is the size of OpenText?
OpenText has 12,900 total employees.
-
What industry is OpenText in?
OpenText’s primary industry is Database Software.
-
Is OpenText a private or public company?
OpenText is a Public company.
-
What is OpenText’s stock symbol?
The ticker symbol for OpenText is OTEX.
-
What is the current stock price of OpenText?
As of 09-Dec-2024 the stock price of OpenText is $30.86.
-
What is the current market cap of OpenText?
The current market capitalization of OpenText is $8.21B.
-
What is OpenText’s current revenue?
The trailing twelve month revenue for OpenText is $5.61B.
-
Who are OpenText’s competitors?
MicroStrategy (Business/Productivity Software), CommVault Systems, New Relic, Box (IT Services), and ServiceNow are some of the 53 competitors of OpenText.
-
What is OpenText’s annual earnings per share (EPS)?
OpenText’s EPS for 12 months was $1.73.
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