OpenText Corporation (also written opentext) is a Canadian company that develops and sells enterprise information management (EIM) software. OpenText, headquartered in Waterloo, Ontario, Canada, is Canada's fourth-largest software company as of 2022, and recognized as one of Canada's top 100 employers 2016 by Mediacorp Canada Inc. OpenText software applications manage content or unstructured data for large companies, government agencies, and professional service firms. OpenText aims its products at addressing information management requirements, including management of large volumes of content, compliance with regulatory requirements, and mobile and online experience management. OpenText employs over 16,000 people worldwide, and is a publicly traded company, listed on the NASDAQ (OTEX) and the Toronto Stock Exchange (OTEX). History Timothy Bray, with University of Waterloo professors Frank Tompa and Gaston Gonnet, founded OpenText Corporation in 1991. It grew out of OpenText Systems Inc., founded in 1989. The founders spun the company off from a University of Waterloo project that developed technology to index the Oxford English Dictionary. Key people involved later include Tom Jenkins, who joined the company as COO in 1994. Tom Jenkins later became president and Chief Executive Officer, and has been Executive Chairman since 2013. John Shackleton served as president from 1998 to 2011, and as CEO from 2005 to 2011. Mark Barrenechea has been president and CEO of OpenText since 2012. Mark Barrenechea was named Canadian Business CEO of the year in 2015. From January 2016, Steve Murphy served as the President; however, the company eliminated the position in Q1 2017. OpenText is a supporter of the University of Waterloo Stratford Campus, contributing both funds and in-kind services to the school. In July 2020, OpenText has partnered with NINJIO. The collaboration strengthens Webroot Security Awareness Training with interactive, Hollywood-style videos showcasing viral material aimed at encouraging cyber-resilient activities such as phishing emails and inappropriate URLs detected. Acquisitions In 2003, OpenText acquired IXOS Software AG. In 2004, OpenText acquired Artesia. In 2006, OpenText acquired Hummingbird Ltd. for US$489 million. In 2008, the company acquired Captaris, Inc. for US$131 million. In 2009, the company acquired Vignette Corporation for US$321 million in cash and stock. In 2012, the company acquired EasyLink for US$232 million. In 2014, OpenText acquired GXS Inc. and integrated it into their OpenText Business Network, which then acquired Inovis. In 2014 they also acquired Cordys for $33 million, and Actuate. In 2015, OpenText acquired Daegis for US$13.5 million. On September 12, 2016,