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Open Text’s plans are an extension of the company’ strategy to maintain its leadership in comprehensive ECM solutions. Offered as part of the Open Text ECM Suite, the solutions will help organizations establish deeper connections to customers and use the Web as a channel for new revenues. “We remain dedicated to all our customers and [...]
Open Text™ Corporation (NASDAQ: OTEX, TSX: OTC), a global leader in Enterprise Content Management (ECM), today announced that it has completed the acquisition of all of the issued and outstanding shares of Vignette Corporation (NASDAQ: VIGN). The acquisition has now received approval by Vignette’s stockholders. With its acquisition of Vignette now complete, Open Text said [...]
Vignette has announced that earnings were down 11.6% from the previous year and reportedly have decreased 30% since 2007. “Despite a challenging economic environment in 2008, Vignette delivered operating profit and positive cash flow for the full year,” said Mike Aviles, president and CEO of Vignette. “In 2009, Vignette is looking to build on its [...]
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