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 is focusing on its cloud strategy, with strengthening cloud bookings and recurring revenues providing clearer visibility into operational resilience, according to insights released on August 20, 2026. This focus comes as fresh operating evidence puts its cloud strategy under scrutiny, with recurring revenues, enterprise bookings, profitability, cash generation, and product adoption becoming central measures for evaluating future technology execution. Cash generation also remains a key factor for assessing execution and flexibility as the company advances its enterprise technology strategy. On August 19, OpenText introduced "Aviator Agents" for eDiscovery, describing them as an AI assistant that facilitates natural language inquiry to turn search into action. This aims to allow legal teams to develop investigations dynamically, rather than requiring them to define every possible search or step upfront. Earlier the same day, OpenText highlighted the importance of cyber resilience, emphasizing its role in preventing disruptions and ensuring rapid recovery from attacks, especially given the vulnerability of diverse endpoints used in modern work settings.
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