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The rise of Alphabet
Open Text (OTEX) investor relations material
Open Text 26th Annual Technology, Media, and Telecommunications Conference summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.26th Annual Technology, Media, and Telecommunications Conference summary9 Sep, 2025
Leadership transition and board strategy
No disagreement on strategy; focus is on accelerating divestiture of non-core assets.
CEO search led by new board members, favoring candidates with solutions engineering backgrounds.
Strategy and capital allocation overseen by a board committee of industry veterans, separate from management.
Product and technology direction
Major product refresh completed with Aviator, a multi-cloud, multi-app AI platform.
Aviator enables integration of large language models with enterprise content, supporting hybrid and on-premises deployments.
Content, IT Operations Management, and business networks are core to AI training and future growth.
Financial performance and portfolio management
Content business represents 40% of revenue, with 17% cloud growth last year.
Plan to divest 15–20% of portfolio, focusing on non-core consumer and developer products over the next 3–4 quarters.
Analytics and IT Operations Management units saw double-digit declines, expected to stabilize to single-digit changes.
Margins generally around 35%, with SaaS units higher and managed services lower.
What background is favored for the next CEO?
What is the expected pace of divestitures?
How does Aviator generate revenue?
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Q1 20266 Nov, 2025
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Open Text Corporation develops and markets enterprise information management software. Its products and services support content services, cybersecurity, digital experience, and business networking for organizations across industries. The company is headquartered in Waterloo, Canada, and its shares are listed on the NASDAQ.
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