Open Text ( (TSE:OTEX)) has provided an announcement. On February 2, 2026, OpenText Corporation announced a definitive agreement to divest Vertica, part of its non-core Analytics portfolio, to Rocket ...
(RTTNews) - OpenText Corporation (OTEX), an information management software company, said Monday that it has agreed to divest Vertica, a part of its non-core Analytics portfolio, to Bain Capital ...
Open Text is selling part of its non-core analytics portfolio to Rocket Software for $150 million in cash, funds it plans to use to pay down debt. The Canadian company, which is focusing on core ...
WALTHAM, Mass., Feb. 02, 2026 (GLOBE NEWSWIRE) -- Rocket Software, a global technology leader in modernization software, today announced it has entered into a definitive agreement to acquire the ...
WATERLOO, ON, Feb. 2, 2026 /CNW/ -- Open Text Corporation (NASDAQ: OTEX), (TSX: OTEX), a global leader in secure information management for AI, today announced that it has reached a definitive ...
OpenText (OTEX) to Continue Focusing on Core Cloud Products for Secure, Trusted Data for Enterprise AI WATERLOO, ON, Feb. 2, 2026 /PRNewswire/ -- Open Text Corporation, a global leader in secure ...
WALTHAM, Mass. - Rocket Software announced Monday it has entered into a definitive agreement to acquire the Vertica analytics database from OpenText (NASDAQ:OTEX) (TSX:OTEX). According to InvestingPro ...
The divestiture is part of OpenText’s strategy to focus on its core cloud products and secure data management for enterprise AI. Vertica, which contributed approximately $80 million in annual revenue ...
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Company sells second non-core asset in five months after dropping CEO in August. OpenText has inked its second business unit sale within five months, this time selling off its analytics business ...