Legal hold tech and ADM are going go next. SMBC will be last as it needs a major player to buy it
10 replies (most recent on top)
@jw OpenText operates like an industrial freezer. For years, the strategy was to fill the trays with the fresh water of acquisitions until the cubes were frozen solid. We then melted that ice into liquidity, flowing through the enterprise until it transitioned into the 'gas' of the cloud. The crisis we face now is twofold: the M&A pipeline has run dry, and the operational electricity keeping the freezer running has been cut. Without new water or power, we aren't just transitioning we’re simply melting away.
@jp that won't happen. Business is strong , winning new customers and reducing debt , plan is working
@h3 Let’s be real. Just consider this OpenText’s final kindness before it dies, helping some businesses that don’t deserve to go down with it find new buyers. Before long, OpenText will be swallowed by its own debt, and those old board shareholders can finally go home and retire in peace.
@OP no more divestures after that ? We haven't made nearly enough cash to pay down the debt
@b2 see https://cybersecurity.opentext.com/legacy/webroot/
It does make the Amazon top 100 consumer software list
https://www.amazon.com/Best-Sellers-Software/zgbs/software
But OpenText invests little to nothing into the consumer business.
@b2 Or Tricentis.
SAP buying ADM would scupper Tricentis‘ SAP strategy.
@b2 did you read quarterly reports?
What is smbc what are some of the products? ADM (application delivery management) now known as DEVOPS is the jewel in the MF crown continues to do very well that’s why SAP are very interested. I wouldn’t be surprised if they shut down many OSM products formally known as ITOM.
SMBC may just be spun off as a separate private company.
Can confirm. Both have buyers.