DivestmentAug 6, 2026, 07:12 AM
OpenText Completes eDOCS and Vertica Divestments in Fiscal 2026
AI Summary
OpenText completed the divestiture of its eDOCS business on January 12, 2026, and its Vertica business on May 11, 2026. These divestments, which contributed 8% and 34% respectively to Analytics revenues in Fiscal 2026, align with the company's strategy to evaluate its portfolio for future growth. OpenText continues to focus on providing secure data management solutions for enterprise AI.
Key Highlights
- eDOCS business divested on January 12, 2026.
- Vertica business divested on May 11, 2026.
- eDOCS comprised approximately 8% of Analytics revenues in Fiscal 2026.
- Vertica comprised approximately 34% of Analytics revenues in Fiscal 2026.
- AMC business divested on May 1, 2024, comprised 45% of ADM revenues in Fiscal 2024.
- Company strategy includes evaluating divestitures of products not aligning with future growth.
- OpenText is a leading provider of secure data management for enterprise AI.
Price Impact
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