Barrenechea

Media Alert: OpenText Shares How Businesses Can Elevate Their Security Posture with AI at the OpenText Security Summit on February 6

Retrieved on: 
Friday, February 2, 2024

WATERLOO, Ontario, Feb. 2, 2024 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX), (TSX: OTEX), today announced the inaugural OpenText Security Summit 2024 on February 6. Attendees will see OpenText security solutions in action through a mix of product demos, deep dives and informative discussions designed to elevate a company's security posture and resilience.

Key Points: 
  • Mark Barrenechea, CEO & CTO of OpenText, to deliver keynote about evolving cybersecurity measures and AI technology
    WATERLOO, Ontario, Feb. 2, 2024 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX), (TSX: OTEX), today announced the inaugural OpenText Security Summit 2024 on February 6.
  • Attendees will see OpenText security solutions in action through a mix of product demos, deep dives and informative discussions designed to elevate a company's security posture and resilience.
  • WHAT: The OpenText Security Summit provides a transformative experience to help companies stay ahead of emerging threats.
  • OpenText will showcase its integrated portfolio of security offerings and new AI-powered security innovations, highlighting the importance of secure information management and being secure by design.

Introducing opentext.ai and OpenText Aviator™

Retrieved on: 
Thursday, August 3, 2023

WATERLOO, ON, Aug. 3, 2023 /PRNewswire/ -- Today, OpenText™ (NASDAQ: OTEX), (TSX: OTEX), announces opentext.ai, the company's vision and direction for AI.  Opentext.ai is a new strategic approach to advance how customers can solve complex problems by applying Artificial Intelligence (AI) and Large Language Models (LLM) with their OpenText Information Management software. Today the company is announcing:

Key Points: 
  • OpenText Aviator™ Private Cloud – a new managed services offering to host and manage private LLM data and LLM models for OpenText private cloud customers.
  • Titanium X is being updated for deeper integration and will leverage our AI tools across Cloud Editions, including foundation technologies such as OpenText Vertica , OpenText IDOL , OpenText Magellan , Core Capture for Machine Learning , IOT Services , Risk Guard and more .
  • Utilizing AI to accelerate its own innovation, OpenText Aviator is the LLM capabilities within each OpenText business cloud.
  • OpenText Cybersecurity Aviator: within OpenText BrightCloud , gain contextual threat intelligence via API cloud services and react to threats in real time.

The Leukemia & Lymphoma Society Welcomes Five Members to Board of Directors

Retrieved on: 
Monday, July 3, 2023

RYE BROOK, N.Y., July 3, 2023 /PRNewswire/ -- The Leukemia & Lymphoma Society (LLS) announced five new members to its board of directors effective July 1, 2023:  Leroy M. Ball, Mark J. Barrenechea, Helen E. Heslop, M.D., DSc (Hon), Ari Melnick, M.D., and Yvette Tremonti.

Key Points: 
  • RYE BROOK, N.Y., July 3, 2023 /PRNewswire/ -- The Leukemia & Lymphoma Society (LLS) announced five new members to its board of directors effective July 1, 2023: Leroy M. Ball, Mark J. Barrenechea, Helen E. Heslop, M.D., DSc (Hon), Ari Melnick, M.D., and Yvette Tremonti.
  • In his role, and with the dedication and commitment of LLS's Board of Directors, Dr. Kolb is leading the $500 million organization in its mission to cure leukemia, lymphoma, Hodgkin's disease and myeloma, and improve the quality of life for blood cancer patients and their families.
  • Leroy M. Ball: Leroy M. Ball is president and chief executive officer of Koppers and serves on the company's Board of Directors.
  • Mark J. Barrenechea: Mark J. Barrenechea joined OpenText as president and chief executive officer in January 2012 and serves as a member of the Board of Directors.

OpenText Buys Micro Focus

Retrieved on: 
Tuesday, January 31, 2023

WATERLOO, ON, Jan. 31, 2023 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX), (TSX: OTEX) announced today that it has closed the previously announced acquisition (the "Acquisition") of Micro Focus International plc ("Micro Focus"), a leading provider of mission-critical software technology and services that help customers accelerate digital transformation.

Key Points: 
  • WATERLOO, ON, Jan. 31, 2023 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX), (TSX: OTEX) announced today that it has closed the previously announced acquisition (the "Acquisition") of Micro Focus International plc ("Micro Focus"), a leading provider of mission-critical software technology and services that help customers accelerate digital transformation.
  • "I would like to welcome Micro Focus customers, partners and employees to OpenText," said OpenText CEO & CTO Mark J. Barrenechea.
  • "Digital life is life, and with Micro Focus' great products and talent, we will help organizations of all sizes accelerate their digital transformation."
  • Total purchase price of approximately $5.8 billion, inclusive of Micro Focus' cash and debt, subject to final adjustments
    Consistent with previously announced cost synergies of $400 million, expect to balance the combined company through an approximate 8% workforce reduction due to the acquisition of Micro Focus
    "We have a structured and disciplined approach to M&A.

OpenText Powers the Information Advantage with Cloud Editions 22.2

Retrieved on: 
Tuesday, June 21, 2022

WATERLOO, ON, June 21, 2022 /PRNewswire/ -- Today at OpenText World EMEA, OpenText™ (NASDAQ: OTEX), (TSX: OTEX), announced Cloud Editions 22.2 (CE 22.2) featuring new capabilities and innovations that enable businesses to be agile, responsive, and resilient in a time when disruption is accelerating. As a global leader in information management, OpenText is powering and protecting businesses to achieve the information advantage by being intelligent, connected, and responsible.

Key Points: 
  • As a global leader in information management, OpenText is powering and protecting businesses to achieve the information advantage by being intelligent, connected, and responsible.
  • This enables businesses to accelerate information flows, ensure timely and accurate information enters NetSuite and future-proof digital processes.
  • Organizations can turn information into an advantage by connecting people with the information and tools they use every day for richer, personalized experiences.
  • OpenText, The Information Company, enables organizations to gain insight through market leading information management solutions, powered by OpenText Cloud Editions.

OpenText Buys Zix Corporation

Retrieved on: 
Thursday, December 23, 2021

WATERLOO, ON, Dec. 23, 2021 /PRNewswire/ -- OpenText (NASDAQ: OTEX), (TSX: OTEX) today announced that it has completed the closing of the previously announced acquisition of Zix Corporation (NASDAQ: ZIXI) ("Zix"), a leader in SaaS-based email encryption, threat protection and compliance cloud solutions for Small and Medium-sized Businesses (SMBs).

Key Points: 
  • WATERLOO, ON, Dec. 23, 2021 /PRNewswire/ -- OpenText (NASDAQ: OTEX), (TSX: OTEX) today announced that it has completed the closing of the previously announced acquisition of Zix Corporation (NASDAQ: ZIXI) ("Zix"), a leader in SaaS-based email encryption, threat protection and compliance cloud solutions for Small and Medium-sized Businesses (SMBs).
  • "I would like to welcome Zix customers, partners, and employees to OpenText.
  • OpenText expects no material revenue or operating expenses from Zix over the holiday season between December 23rd and 31st, within the current quarter (Fiscal 2022 Q2).
  • OpenText, The Information Company, enables organizations to gain insight through market leading information management solutions, powered by OpenText Cloud Editions.

OpenText Named one of Canada's Most Admired Corporate Cultures 2021

Retrieved on: 
Tuesday, November 30, 2021

WATERLOO, ON, Nov. 30, 2021 /PRNewswire/ -- OpenText (NASDAQ: OTEX), (TSX: OTEX) has been recognized as one of Canada's Most Admired Corporate Cultures for 2021 by Waterstone Human Capital, Canada's leading cultural talent management firm.

Key Points: 
  • WATERLOO, ON, Nov. 30, 2021 /PRNewswire/ -- OpenText (NASDAQ: OTEX), (TSX: OTEX) has been recognized as one of Canada's Most Admired Corporate Cultures for 2021 by Waterstone Human Capital, Canada's leading cultural talent management firm.
  • "The OpenText culture, values and people are the foundation for the success of our customers," said Mark J. Barrenechea, OpenText CEO & CTO.
  • OpenText Zero Initiative commitments include, by 2030:
    Programs in Calendar 2021 included:
    A new Flex-First approach to return to the workplace.
  • Waterstone is also the founder of the Canada's Most Admired Corporate Cultures and Canada's Most Admired CEO programs.

OpenText Empowers Companies to Be Digital at OpenText World

Retrieved on: 
Tuesday, November 16, 2021

WATERLOO, Ontario, Nov. 16, 2021 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX), (TSX: OTEX) is launching its most expansive product release yet at OpenText World, which gets started this morning. Cloud Editions 21.4 (CE 21.4) introduces new integrations, applications and products to help customers adapt to modern work, navigate global supply chains, connect with customers, protect information and optimize developer experiences.

Key Points: 
  • "The best-run organizations will be defined by their ability to drive technology-led transformations," said Mark J. Barrenechea, OpenText CEO & CTO.
  • Barrenechea will reveal the release later this morning during his opening keynote at OpenText World.
  • The keynote will focus on the importance of being digital, highlighting how OpenText helps customers like L'Oreal, the Academy of Motion Pictures and Penta-Ocean Construction adapt.
  • OpenText, The Information Company, enables organizations to gain insight through market leading information management solutions, powered by OpenText Cloud Editions.