Though it is one of Canada’s most valuable software firms, Open Text is hardly a household name. To keep investors interested, it needs to keep acquiring, one expert says
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Open Text – which started as a University of Waterloo spin-off in the early 1990’s, building a searchable digital version of the Oxford English Dictionary – is hardly a brand name at home. But millions of people at more than 50,000 companies use its software daily to handle records and business processes. Its customers include the Canadian government, Marriott International Inc. and Ralph Lauren Corp.