The Traderszone Network

Published in TZ Latest News 12 December, 2014 by The TZ Newswire Staff

Will OpenText’s Latest Purchase Boost Its Bottom Line?

OpenText (OTEX) develops content management software to help organizations manage, use and share business information. Earlier this month, it announced the purchase of Actuate (BIRT), an intelligence and information software services firm, for about $330 million. That should help OpenText enhance its products with embedded analytics. Key Fundamentals The company has posted three consecutive quarters of solid sales and earnings growth.

read more