OpenText sells Vertica to Rocket Software for $150M cash; proceeds to reduce debt

OPEN TEXT CORP

Divestiture of non-core structured data analytics platform Vertica completed.
US$150 million in cash before taxes, fees, and adjustments.
Net proceeds intended to reduce outstanding debt.
CEO Ayman Antoun says deal aligns with non-core divestiture strategy.

item 8.01 item 9.01

OPEN TEXT CORP filing history →

Source: SEC EDGAR

accession 0001002638-26-000048

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