US EditionPublished • loading... • Updated
OpenText continues to offload non-core assets to reduce debt
Summary by ITEuropa
This story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.1 Articles
1 Articles
OpenText continues to offload non-core assets to reduce debt
OpenText continues to offload non-core assets to reduce debt Antony Savvas Tue, 02/03/2026 - 18:26 OpenText has reached agreement to sell Vertica, a part of its non-core analytics portfolio, to Rocket Software for $150m in cash, before taxes, fees and other adjustments.In OpenText's fiscal year ended June 30, 2025, Vertica contributed approximately $80m in annual revenue. OpenText intends to use the proceeds from the sale of Vertica to reduce it…
Coverage Details
Total News Sources1
Leaning Left0Leaning Right0Center0Last UpdatedBias DistributionNo sources with tracked biases.
Bias Distribution
- There is no tracked Bias information for the sources covering this story.
Factuality
To view factuality data please Upgrade to Premium
