OpenText completes divestiture of eDOCS unit for $163M; proceeds to reduce debt

OPEN TEXT CORP

Sold eDOCS on-premise solution (part of Analytics portfolio) to NetDocuments Software for $163M in cash before taxes and fees.
Proceeds will be used to reduce outstanding debt; transaction closed on January 12, 2026.
Executive Chairman Tom Jenkins cited strategic commitment to divest non-core assets and focus on core business growth.

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