OpenText is betting open source, Apache Spark, and years of experience with unstructured enterprise data will enable it to take on IBM's Watson and land midmarket customers.

Open Text, the self-proclaimed "largest independent provider of enterprise content management (ECM) software and solutions," is looking to meet this challenge head on.

Overall, OpenText presents a mixed picture for investors, balancing potential undervaluation and growth prospects against significant business challenges. OpenText - A Rare Deep Value Software Stock ...

Although the number of jobs being cut is 1,200, OpenText said it will reinvest savings into creating 800 new roles in sales, professional services and engineering to support the OpenText 3.0 plan.

OpenText Corp. will cut 1,200 roles as part of a restructuring initiative designed to lower its annual expenses by up to $550 million. The software maker announced the plan today in conjunction ...

OpenText Corp has agreed to pay $27.5 million to resolve claims that the software provider Carbonite misled investors before its acquisition by the Canadian company by promoting a new, "super ...

Shares of Micro Focus soared more than 90% on Friday after Canadian software company OpenText , agreed to buy the enterprise software maker in an all-cash deal valuing the British company at $6 ...