OpenText, also known as OpenText Corporation, is a publicly owned company headquartered in Canada. Founded in 1991, with approximately 21,400 employees, the company reported $5.2B in revenue as of 2026. Its main product is software development. The company specializes in providing software that allows clients to archive, aggregate, retrieve, and search unstructured information such as documents, e-mail, and presentations.
OpenText recently introduced a solution designed for data breach response, aimed at providing legal, privacy, compliance, and response teams with quick answers regarding exposed data, affected individuals, and subsequent actions. Earlier on October 1, 2026, the company announced its OpenText World 2026 event, which will focus on converting AI ambition into practical outcomes and strategies. This follows the completion of a $1.0 billion senior secured notes offering, which closed earlier the same day. The offering comprised $500 million aggregate principal amount of 6.700% senior secured notes due 2031 and an additional $500 million aggregate principal amount of 7.150% senior secured notes due 2033.
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