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 (OTEX) generates a steady flow of news as a Cloud and AI company focused on secure information management for AI. Its announcements highlight how the company designs, develops, markets, and sells information management software and solutions that help organizations protect, govern, and activate their data with confidence. News items often emphasize OpenText’s role in turning data into information with context to support AI and business decision-making.
Investors and technology professionals following OTEX news will see regular updates on financial performance, including quarterly earnings releases and related conference calls, as reported through press releases and Form 8-K filings. The company also reports on its dividend declarations under its dividend policy, providing insight into its capital return approach, while noting that future dividends remain subject to board discretion and contractual limitations.
Beyond earnings, OpenText frequently announces product and platform developments. Recent news has covered the introduction of the OpenText AI Data Platform (AIDP), enhancements to OpenText Aviator for agentic AI, and new cybersecurity capabilities under the OpenText Cybersecurity brand, such as Core Threat Detection and Response, Core Identity Foundation, Application Security Aviator, and Data Privacy and Protection (Voltage). These updates illustrate how the company is aligning information management, security, and AI.
OTEX news also includes partnership and ecosystem developments. Examples include expanded collaboration with Google Cloud around AI, data privacy, and sovereign cloud, and certification of OpenText Core Content Management for SAP S/4HANA Cloud Public Edition. Corporate governance and leadership changes, such as board appointments and executive transitions, are disclosed via news releases and SEC filings. For investors and analysts, the OTEX news feed provides a centralized view of OpenText’s financial updates, strategic moves, product roadmap, and ecosystem relationships over time.
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.
OpenText (NASDAQ: OTEX) and Ponemon released a global report on March 23, 2026, finding rapid GenAI adoption but weak security and governance foundations.
Key findings: 52% of enterprises have fully or partially deployed GenAI; 79% lack full AI maturity in cybersecurity; only 41% have AI-specific data privacy policies. The study surveyed 1,878 IT and security practitioners worldwide.
OpenText (NASDAQ: OTEX) increased its Fiscal 2026 share repurchase program from US$300 million to US$500 million, authorizing purchases for cancellation under a normal course issuer bid (NCIB). The maximum share count remains 24,906,456 and the NCIB runs through August 11, 2026.
As of January 31, 2026, the company purchased approximately US$190 million of common shares in Fiscal 2026, including about 5 million shares for ~US$165 million cancelled since the NCIB began.
OpenText (NASDAQ: OTEX) reported Q2 FY2026 results: Total revenue $1.327B (-0.6% Y/Y), Cloud revenue $478M (+3.4% Y/Y), ARR $1.060B (+0.7% Y/Y), adjusted EBITDA $491M (37.0% margin), GAAP net income $168M and GAAP EPS $0.66. The Board declared a $0.275/share cash dividend; Ayman Antoun named CEO effective April 20, 2026. OpenText completed sale of eDOCS for $163M and announced divestiture of Vertica for $150M.
OpenText (NASDAQ: OTEX) agreed to sell Vertica to Rocket Software for US$150 million in cash, subject to customary adjustments and approvals. Vertica generated approximately US$80 million in annual revenue in fiscal 2025. The company intends to use proceeds to reduce outstanding debt and refocus on core cloud products for enterprise AI. The transaction is expected to close during fiscal year 2026, with software, customer contracts, services and employees transferring to Rocket Software.
OpenText (NASDAQ: OTEX) appointed Ayman Antoun as Chief Executive Officer and board member, effective April 20, 2026. Antoun brings 35+ years in enterprise technology, including roles as President of IBM Americas and IBM Canada. James McGourlay will move from Interim CEO to an executive leadership role and P. Thomas Jenkins will return to Chair.
The Board emphasized Antoun's experience in cloud, digital modernization and enterprise AI as central to accelerating revenue growth and shareholder value.
Summary not available.