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Open Text Corporation

OpenText Corporation
Public
Traded as OTC
NASDAQOTEX
Industry Computer software
Founded 1991; 26 years ago (1991)
Founder Tim Bray, Gaston Gonnet, Frank Tompa
Headquarters Waterloo, Ontario, Canada
Key people
Mark Barrenechea, CEO
Tom Jenkins, Chairman
Products Enterprise content management (ECM), business process management (BPM), customer experience management (CEM), information exchange, discovery and analytics software
Revenue IncreaseUS$ $1.936 billion (FY 2015)
Number of employees
10,000 (Dec, 2016)
Website www.opentext.com

OpenText Corporation is a Canadian company that develops and sells enterprise information management (EIM) software.

OpenText is headquartered in Waterloo, Ontario, Canada, is Canada's largest software company as of 2014 and recognized as one of Canada's Top 100 Employers 2016 by Mediacorp Canada Inc.

OpenText software applications manage content or unstructured data for large companies, government agencies, and professional service firms. OpenText aims its products at addressing information management requirements, including management of large volumes of content, compliance with regulatory requirements, and mobile and online experience management.

OpenText employs 8,900 people worldwide and is a publicly traded company, listed on the NASDAQ (OTEX) and the Toronto Stock Exchange (OTC).

OpenText was founded in 1991 by University of Waterloo professors Dr. Frank Tompa, Dr. Timothy Bray, and Dr. Gaston Gonnet. The company was spun off from a University of Waterloo project that developed technology to index the Oxford English Dictionary.

Key people involved later include Tom Jenkins (P Thomas Jenkins, known as Tom), who joined the company as COO in 1994. Tom Jenkins later became President and Chief Executive Officer, and has been Executive Chairman since 2013. John Shackleton served as President from 1998–2011, and as CEO from 2005 - 2011. Mark Barrenechea has been President and CEO of OpenText since 2012. Mark Barrenechea was named Canadian Business CEO of the year in 2015

OpenText is a supporter of the University of Waterloo Stratford Campus, contributing both funds and in-kind services to the school.

On September 12, 2016, Opentext, acquired Dell EMC's ECD division including; Documentum, an enterprise content management suite for $1.6B USD.


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