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Encyclopedia > Open Text Corporation
Open Text Corporation
Open Text Corporation
Type Public (NASDAQ: OTEX; TSX: OTC)
Founded 1991
Founder Tim Bray
Headquarters Waterloo, Ontario
Key people John Shackleton, CEO
Tom Jenkins, Chairman
Industry Computer software
Products Content management solutions
Revenue image:red down.png US$411.05 million (2006)
Employees 2100+
Website www.opentext.com

Open Text Corporation TSX: OTC NASDAQ: OTEX is a Canadian high-tech company based in Waterloo, Ontario, Canada. It produces and distributes computer software applications designed to enable enterprise content management solutions for large corporate systems. Its flagship product, Livelink, is a Web-based content management system, with integrated business process management capabilities. It employs over 300 people in its Waterloo office. It is a publicly traded corporation, listed on the Toronto Stock Exchange under the ticker symbol OTC and on the NASDAQ as OTEX. Image File history File links Open Text Corporation logo. ... A public company is a company owned by the public rather than by relatively few individuals. ... NASDAQ in Times Square, New York City. ... The Toronto Stock Exchange (also known as the TSX) is Canadas largest stock exchange, North Americas third largest stock exchange, and the sixth largest in the world. ... 1991 (MCMXCI) was a common year starting on Tuesday of the Gregorian calendar. ... For the computer game previously called Entrepreneur, see The Corporate Machine. ... Timothy William Bray (born 1955), commonly known as Tim Bray, co-invented XML and XML namespaces while an Invited Expert at the World Wide Web Consortium between 1996 and 1999. ... The City of Waterloo, Ontario, Canada is the smallest of the three cities in the Regional Municipality of Waterloo, and is adjacent to the larger city of Kitchener. ... Software, or program, enables a computer to perform specific tasks, as opposed to the physical components of the system (hardware). ... Content management, or CM, is a set of processes and technologies that support the evolutionary life cycle of digital information. ... Revenue is a U.S. business term for the amount of money that a company earns from its activities in a given period, mostly from sales of products and/or services to customers. ... Red down arrow for negative revenue from the previous fiscal year. ... ISO 4217 Code USD User(s) the United States, the British Indian Ocean Territory[1], the British Virgin Islands, Cambodia, East Timor, Ecuador, El Salvador, the Marshall Islands, Micronesia, Palau, Panama, Turks and Caicos Islands, and the insular areas of the United States Inflation 2. ... A fiscal year (or financial year or accounting reference date) is a 12-month period used for calculating annual (yearly) financial reports in businesses and other organizations. ... Employment is a contract between two parties, one being the employer and the other being the employee. ... A website (or Web site) is a collection of web pages, typically common to a particular domain name or subdomain on the World Wide Web on the Internet. ... The Toronto Stock Exchange (also known as the TSX) is Canadas largest stock exchange, North Americas third largest stock exchange, and the sixth largest in the world. ... NASDAQ in Times Square, New York City. ... The City of Waterloo, Ontario, Canada is the smallest of the three cities in the Regional Municipality of Waterloo, and is adjacent to the larger city of Kitchener. ... Computer software (or simply software) refers to one or more computer programs and data held in the storage of a computer for some purpose. ... Enterprise Content Management (ECM) is any of the strategies and technologies employed in the information technology industry for managing the capture, storage, security, revision control, retrieval, distribution, preservation and destruction of documents and content. ... A flagship is the ship used by the commanding officer of a group of naval ships. ... WWWs historical logo designed by Robert Cailliau The World Wide Web (WWW or simply the Web) is a system of interlinked, hypertext documents that runs over the Internet. ... A content management system (CMS) is a computer software system used to assist its users in the process of content management. ... The Toronto Stock Exchange (also known as the TSX) is Canadas largest stock exchange, North Americas third largest stock exchange, and the sixth largest in the world. ... A stock symbol or ticker symbol is a mnemonic used to uniquely identify shares of a publicly-traded corporation on a particular stock market. ... NASDAQ in Times Square, New York City. ...


In September 2002 Open Text bought Centrinity and their FirstClass groupware for CA$19 million. Open Text was developing a suite of online collaboration products through a series of mergers, and FirstClass's strong educational background fit in particularly well with some of their other offerings. At the time they stated they were planning to integrate FirstClass into their LiveLink internet information collection engine, but it is unclear if this integration has taken place. The product is still under development in what is now their FirstClass division. FirstClass is an email, online conferencing, and bulletin-board system for Windows, Macintosh, and Linux. ... Collaborative software, also known as groupware, is application software that integrates work on a single project by several concurrent users at separated workstations (see also Computer supported cooperative work). ... ISO 4217 Code CAD User(s) Canada Inflation 2. ...


On July 5, 2006, Open Text made an unsolicited bid for Hummingbird Ltd of Toronto (North York), ON, another company that produces enterprise content management software. Hummingbird had previously agreed to be acquired by Symphony Technology Group. Open Text announced it owned 4.3% of Hummingbird, and had support of approximately 36% of the other shares (of which 18% were through lock-up agreements). It eventually negotiated a "sweeter" deal with Hummingbird, and acquired Hummingbird in October 2006 for approximately US$489 million.[citation needed] July 5 is the 186th day of the year (187th in leap years) in the Gregorian Calendar, with 179 days remaining. ... For the Manfred Mann album, see 2006 (album). ... ... ISO 4217 Code USD User(s) the United States, the British Indian Ocean Territory[1], the British Virgin Islands, Cambodia, East Timor, Ecuador, El Salvador, the Marshall Islands, Micronesia, Palau, Panama, Turks and Caicos Islands, and the insular areas of the United States Inflation 2. ...

Contents

Search technology

Open Text originated from the Oxford English Dictionary project at the University of Waterloo, a project led by computer scientist Gaston Gonnet. From 1984 to 1989, this project sought to create an electronic OED. One of the chief necessities for such a massive undertaking was the development of effective search technologies which could be used to quickly index and retrieve information. The search technology that was developed for this project was recognized as being useful for many electronic applications, and was the basis for the founding of Open Text Corporation in 1991. The Oxford English Dictionary print set The Oxford English Dictionary (OED) is a dictionary published by the Oxford University Press (OUP), and is generally regarded as the most comprehensive and scholarly dictionary of the English language. ... The University of Waterloo, also known as UW, UWaterloo, or simply, Waterloo is a medium-sized research-intensive public university in the city of Waterloo, Ontario, Canada. ... Gastón H. Gonnet is a Uruguayan computer scientist and entrepreneur. ... 1984 (MCMLXXXIV) was a leap year starting on Sunday of the Gregorian calendar. ... 1989 (MCMLXXXIX) was a common year starting on Sunday of the Gregorian calendar. ... 1991 (MCMXCI) was a common year starting on Tuesday of the Gregorian calendar. ...


With the advent of the information age, and the growing importance of the Internet, the company grew as organizations discovered the need to be able to index and search their existing and growing stores of information. In 1994, Open Text began hosting their Open Text 4 search engine on the World Wide Web, competing directly with the AltaVista Web search engine. For a brief period in 1995, Open Text provided the search technology used by Yahoo! as part of its Web index. It has been suggested that Digital Age be merged into this article or section. ... WWWs historical logo designed by Robert Cailliau The World Wide Web (WWW or simply the Web) is a system of interlinked, hypertext documents that runs over the Internet. ... Current AltaVista site logo. ... Google search is the worlds most popular search engine. ... 1995 (MCMXCV) was a common year starting on Sunday of the Gregorian calendar. ... Yahoo! Inc. ...


Livelink

In 1995, Open Text purchased Odesta, producer of Livelink, an electronic document management system. This system was converted to a Web-based system. Livelink was marketed as a business solution for "collaborative knowledge management". Livelink was the basis for Open Text's second phase of growth. The system was integrated with Open Text's search technology, as well as a business process management solution. Much of Open Text's growth during this second phase was gained through the acquisition of smaller companies and integration of their technologies with Livelink. With Livelink, Open Text was an early proponent of using Web technology for corporate "intranets." Originally, a document management system was a computer program (or set of programs) used to track and store images of paper documents. ... WWWs historical logo designed by Robert Cailliau The World Wide Web (WWW or simply the Web) is a system of interlinked, hypertext documents that runs over the Internet. ... An intranet is a private computer network that uses Internet protocols, network connectivity, and possibly the public telecommunication system to securely share part of an organizations information or operations with its employees. ...


Enterprise content management

Open Text completed several corporate acquisitions in 2002 and 2003, the largest of which was its acquisition of IXOS — a German company nearly as large as Open Text itself — in October 2003. With the completion of these acquisitions, Open Text positioned itself as one of the leaders in the Enterprise content management market. Enterprise knowledge management is a conjunction of solutions designed to meet many of the information needs of large corporations. Some of the important requirements include document management, business process management, Web content management, online meeting and collaboration, and regulatory compliance. Livelink is sold as the core of all of these solutions, with other products — many of them gained through mergers and acquisitions — integrated to meet specific needs. By acquiring Hummingbird Ltd. in 2006, Open Text added several more businesses to its portfolio. With RedDot Solutions Inc. another Web Content Management System product to its line-up. For album titles with the same name, see 2002 (album). ... 2003 (MMIII) was a common year starting on Wednesday of the Gregorian calendar. ... iXOS Software GMBH is German high-tech company, based in Munich. ... 2003 : January - February - March - April - May - June - July - August - September - October - November - December A timeline of events in the news for October, 2003. ... Enterprise Content Management (ECM) is any of the strategies and technologies employed in the information technology industry for managing the capture, storage, security, revision control, retrieval, distribution, preservation and destruction of documents and content. ... A content management system (CMS) is a computer software system used to assist its users in the process of content management. ... Hummingbird Ltd (NASDAQ: HUMC) and TSX: HUM is a software company that sells products design to manage content from creation to disposition. ... RedDot Solutions is a German-based corporation which licenses software to create and manage content, typically for websites. ... A web content management system is a content management system software used for managing content for the web. ...


Competitors

Some of Open Text's key competitors in the enterprise content management market include:

text search ... EMC Corporation NYSE: EMC is an American manufacturer of software and systems for information management and storage. ... This page may meet Wikipedias criteria for speedy deletion. ...

See also

Timothy William Bray (born 1955), commonly known as Tim Bray, co-invented XML and XML namespaces while an Invited Expert at the World Wide Web Consortium between 1996 and 1999. ... RedDot Solutions is a German-based corporation which licenses software to create and manage content, typically for websites. ...

External links


  Results from FactBites:
 
Open Text Corporation - Wikipedia, the free encyclopedia (757 words)
Open Text announced it owned 4.3% of Hummingbird, and had support of approximately 36% of the other shares (of which 18% were through lock-up agreements).
Open Text originated from the Oxford English Dictionary project at the University of Waterloo, a project led by computer scientist Gaston Gonnet.
Open Text completed several corporate acquisitions in 2002 and 2003, the largest of which was its acquisition of IXOS — a German company nearly as large as Open Text itself — in October 2003.
EMC: Partners: Partner Profile: OMS (239 words)
Open Text™ is a leading independent provider of Enterprise Content Management (ECM) solutions that bring together people, processes, and information in global organizations.
Open Text is a member of the EMC Centera Partner Program.
Open Text’s Livelink ECM™ solutions bring together collaboration, content, and process technologies into integrated solutions that work harmoniously to capture ideas, experiences, and knowledge, and manage the complete lifecycle of content, data, and documents, from their creation to archive and eventual deletion.
  More results at FactBites »


 

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