Recurring Revenue of $392.0 million, Up 39% Year Over Year; Cloud Services Revenue of $151.3 million, Up 259% Year Over Year Open Text Corporation (NASDAQ: OTEX) (TSX: OTC) announced today its financial results for the second quarter ended December 31, 2014. Financial Highlights for Q2 FY15 with Year Over Year Comparisons (1) Total revenue
- Revenue growth exceeded October guidance range - Revenue excluding Inkjet Exit grew 7 percent, seventh consecutive quarter of growth - Combined MPS and Perceptive Software revenue exceeded $1.1 billion in 2014 - Non-GAAP EPS impacted $0.18 per share due to higher than expected taxes and additional currency
Actuate Adds Powerful Analytics to OpenText OpenText™ (NASDAQ: OTEX, TSX: OTC) today announced that, through its wholly-owned subsidiary, Asteroid Acquisition Corporation, it has successfully completed its acquisition of Actuate Corporation (NASDAQ: BIRT), the leader in personalized analytics and insights. Actuate brings powerful analytics to the OpenText portfolio
enChoice®, Inc. today announced the acquisition of enterprise report management (ERM) consulting firm Foster Consulting Group, Inc. (FCG). This acquisition, which includes all aspects of FCG’s intellectual property, customers, contracts and personnel, further strengthens enChoice’s leadership position and market share in the enterprise content management
A portion of the net proceeds from the offering to repay the outstanding indebtedness Open Text Corporation (NASDAQ: OTEX) (TSX: OTC) ("OpenText" or the "Company") announced today a proposed offering of $600 million aggregate principal amount of its senior unsecured fixed rate notes due 2025 (the
Acquisition enables Perceptive Software to further expand its medical content management strategy. Lexmark International, Inc. (NYSE: LXK) today announced the acquisition of Toronto-based Claron Technology, Inc. (Claron), a leading provider of medical image viewing, distribution, sharing and collaboration software technology.
IGC Brings Secure Mobile Access and Advanced Document Viewing, Mark-Up and Collaboration to OpenText’s EIM Suites OpenText™ (NASDAQ: OTEX, TSX: OTC) today announced that it has acquired Informative Graphics Corporation (IGC), a leading developer of viewing, annotation, redaction and publishing commercial software. As a valued OpenText
Scrypt, Inc. (OTC Pink: SYPT) today announced a forthcoming merger with Axacore, Inc. effective December 31, 2014. The combined company will be called Scrypt, Inc. and will have an unwavering focus on transforming document management and delivery within regulated industries. At closing, Aleks Szymanski will remain
New cloud offering adds mobile digital engagement capability to Upland’s Enterprise Work Management strategy Upland Software, Inc. (Nasdaq: UPLD) today announced that it has agreed to acquire Mobile Commons, a cloud-based mobile messaging software provider. Mobile Commons’ enterprise-class application drives and manages digital engagement through sophisticated,
Xerox has agreed to sell its information technology outsourcing business to Atos, the French technology company, for just over $1 billion. The disposal is the latest move for Xerox, which has been transformed under the leadership of Ursula M. Burns from a company best known for