{"schema_version":"secwatch.filing_event.v1","accession":"0001002638-26-000011","form_type":"8-K","ticker":"OTEX","cik":"0001002638","company_name":"OPEN TEXT CORP","filed_at":"2026-02-02T23:59:59+00:00","discovered_at":"2026-05-14T18:02:34.369903+00:00","generated_at":"2026-05-16T05:31:26.191788+00:00","sec_items":["8.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"OpenText to sell Vertica to Rocket Software for $150M cash; proceeds to reduce debt","bullets":["Definitive agreement to divest Vertica (non-core Analytics portfolio) to Rocket Software for $150M cash, before taxes, fees and adjustments.","Vertica contributed approximately $80M in annual revenue in fiscal year ended June 30, 2025.","Proceeds to be used to reduce outstanding debt; transaction expected to close in fiscal 2026.","Software, customer contracts, services and employees will transfer to Rocket Software (Bain Capital portfolio company).","Goldman Sachs acting as financial advisor to OpenText."],"urls":{"canonical":"https://secwatch.observer/filing/0001002638-26-000011","json":"https://secwatch.observer/filing/0001002638-26-000011.json","markdown":"https://secwatch.observer/filing/0001002638-26-000011.md","text":"https://secwatch.observer/filing/0001002638-26-000011.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1002638/000100263826000011/0001002638-26-000011-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1002638/000100263826000011/otex-20260202.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T05:31:26.191788+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}