OpenText Analysis
What is OpenText?
Cloud-native information management solutions provider
Employees
10001+
Founded
1991
Revenue
$5.69 B
Growth Rate
4%
Product Features & Capabilities
- OpenText™ Aviator AI for personalized AI assistance
- Analytics Cloud for real-time data insights
- Business Network Cloud for secure B2B integration
- Content Cloud for AI-driven content management
- Cybersecurity Cloud for comprehensive threat protection.
Use Cases
Streamline supply chain operations with automated B2B integration; Enhance data security with advanced threat detection; Improve customer experiences through personalized communications; Optimize content management with AI-driven insights; Accelerate software delivery with DevOps automation.
Other Considerations
Serves 40% of Fortune 500 companies; Recognized leader in intelligent document processing; Offers a comprehensive suite of cloud solutions.
Recent Acquisitions
Recent Acquisitions by Competitors of OpenText:
- Microsoft - Acquired Activision Blizzard for $69 billion, completed on October 13, 2023.
- IBM - Acquired Apptio for $4.6 billion in August 2023, focusing on FinOps solutions. - Acquired Kubernetes cost optimization startup Kubecost in September 2024. - Source: TechCrunch
- Salesforce - Acquired Own Company for $1.9 billion in cash, focusing on data protection solutions, announced 8 months ago. - Source: TechTarget
- Adobe - Attempted to acquire Figma for $20 billion, but the deal was mutually terminated in December 2023 due to regulatory challenges. - Source: The Verge
- ServiceNow - Acquired G2K, an AI-powered platform, to enhance its offerings, announced in May 2023. - Source: Business Wire
