CEO Blog

OpenText in the Spotlight: TSX and Innovation

On Thursday, October 31, I joined Ungad Chadda, Senior Vice President of the Toronto Stock Exchange, in the heart of Toronto’s Financial District to open the market in celebration of 15 years as a TSX-listed company. On hand were a number of my OpenText colleagues including: our Chairman of the Board, Tom Jenkins; Chief Financial Officer, Paul McFeeters; Chief Legal Officer, Gordan Davies; and Board members Steve Sadler and Mike Slaunwhite.


OpenText began trading on the Toronto Stock Exchange on June 26,
1998. As the leading provider of Enterprise Information Management (EIM), we have come a long way since 1998. Today our global footprint spans six continents with 60 offices worldwide and we are now ranked as the largest software vendor in Canada. In 1998, our annual revenues were roughly $45.3M and we completed last year at $1.3 billion in revenues.

We lead with value. We invest for growth. We call this strategy Intelligent Growth.

Our future never looked brighter. Our BPM business was strengthened by our Cordys acquisition. Our IX business will grow stronger with GXS. Our overall EIM strategy will grow stronger with our much-anticipated software release, which will be unveiled during my keynote address at our upcoming Enterprise World user conference. This release features big new functional blocks, deeper integration, and the ability to streamline information flows across functional departments of the enterprise. The software release will enable CIOs to drive an agenda of innovation and growth to accelerate time-to-compete in the Information Economy.

For more details about GXS, read the press release: OpenText Enters Into Agreement to Acquire GXS.

Mark Barrenechea

Mark J. Barrenechea is OpenText's CEO & CTO. A prominent thought leader, he has extensive experience in information technology and his vision is to enable the digital world to help transform organizations.

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