Open Text

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Open Text is a producer of enterprise content management software. the company seeks to help organizations manage their business content and improve business processes, reduce costs and manage compliance. Open Text serves large organizations across a range of industries, as well as federal, regional and local governments around the world.

Open Text was founded in 1991 out of a research project at the University of Waterloo, Waterloo, Ontario. The project led to the creation of the first search engine technology for the Internet. The technology was adopted by Yahoo. Today, Open Text is Canada’s largest software company.

Milestones

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• 
  Open Text acquired Vignette for $310M. (5/6/09)
  Posted 5/6/09 at 10:18am
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  Open Text acquired Vizible for $727k. (4/8/09)
  Posted 4/12/09 at 2:37pm
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  Open Text acquired Captaris for $139M. (9/3/08)
  Posted 8/28/09 at 6:56am
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  Open Text acquired eMotion for $3.6M. (7/10/08)
  Posted 8/3/09 at 3:21am
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  Went public with stock symbol NASDAQ:OTEX.
  Posted 7/6/09 at 11:29am

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Sources

1. Open Text to Acquire Vignette (opentext.com) [edit]
2. Open Text Acquires Vizible Corporation (opentext.com) [edit]
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