Emerging Technology

OpenText™ has been recognized as one of Canada's Most Admired Corporate Cultures for 2021 by Waterstone Human Capital, Canada's leading cultural talent management firm. This national program recognizes best-in-class organizations across Canada who foster high-performance corporate cultures creating a critical advantage in a hyper-competitive market to attract and retain talent. "The OpenText culture, values and ...

OpenText™ (NASDAQ: OTEX), (TSX: OTEX) has been recognized as one of Canada's Most Admired Corporate Cultures for 2021 by Waterstone Human Capital, Canada's leading cultural talent management firm. This national program recognizes best-in-class organizations across Canada who foster high-performance corporate cultures creating a critical advantage in a hyper-competitive market to attract and retain talent.

"The OpenText culture, values and people are the foundation for the success of our customers," said Mark J. Barrenechea , OpenText CEO & CTO. "Every day more than 14,000 OpenText employees around the world deliver compelling innovations to our customers, inspired by the belief that information and knowledge make businesses, people and the planet better."

The recognition was awarded following a detailed analysis of the organization in six areas: Vision and Leadership, Recruitment and Hiring for Fit, People Development and Talent Management, Cultural Alignment and Measurement, Corporate Social Responsibility and Organizational Performance.

OpenText believes the future of growth is both inclusive and sustainable, and announced bold 2030 objectives called "The OpenText Zero Initiative":  Zero Barriers, Zero Waste, and Zero Emissions.  More information on The OpenText Zero Initiative can be found here .

"OpenText is committed to building an inclusive environment where enthusiastic, skilled, and diverse employees can thrive. The challenges of the past two years have only strengthened this commitment, and we have developed new programs to support employee wellness, give back to our communities, and strengthen equity, diversity and inclusion," Barrenechea added.

OpenText Zero Initiative commitments include, by 2030:

  • Zero Barriers: Majority diverse company and greater than 40% female leaders
  • Zero Waste: From operations
  • Zero Emissions: 50% reduction by 2030, and net-zero emissions by 2040

Programs in Calendar 2021 included:

  • A new Flex-First approach to return to the workplace.
  • The launch of an internship program with Lakehead University to hire up to 25 Indigenous students.
  • Delivering 4 million meals, through a $1M USD donation to food banks around the world.
  • Providing COVID vaccinations to employees, family members and relief funds to Open Text employees world-wide.

"At Waterstone we believe corporate culture drives performance and that it's your organization's greatest asset," said Marty Parker , President and Chief Executive Officer of Waterstone Human Capital and Chair of the Canada's Most Admired™ program. "Each of the 2021 award recipients puts culture at the center of everything they do and demonstrates a commitment to culture as competitive advantage. They set an excellent example of how crafting and sustaining a high performance culture can drive incredible growth and performance."

About Waterstone Human Capital

At Waterstone Human Capital, we inspire organizations to build high performance cultures. We're a human capital management consulting firm specializing in retained executive search, cultural measurement and assessment, and leadership training and development. We have successfully helped hundreds of entrepreneurial-minded, highgrowth organizations across North America recruit, measure and train for fit. Waterstone is also the founder of the Canada's Most Admired™ Corporate Cultures and Canada's Most Admired™ CEO programs. These national programs annually recognize best-in-class Canadian organizations and CEOs, for fostering cultures that enhance performance and help sustain a competitive advantage.

For more information, please visit waterstonehc.com or canadasmostadmired.com .

About OpenText

OpenText, The Information Company™, enables organizations to gain insight through market leading information management solutions, powered by OpenText Cloud Editions. For more information about OpenText (NASDAQ: OTEX, TSX: OTEX) visit opentext.com

Connect with us:
OpenText CEO Mark Barrenechea's blog
Twitter | LinkedIn

Certain statements in this press release may contain words considered forward-looking statements or information under applicable securities laws. These statements are based on OpenText's current expectations, estimates, forecasts and projections about the operating environment, economies, and markets in which the company operates. These statements are subject to important assumptions, risks and uncertainties that are difficult to predict, and the actual outcome may be materially different. OpenText's assumptions, although considered reasonable by the company at the date of this press release, may prove to be inaccurate and consequently its actual results could differ materially from the expectations set out herein. For additional information with respect to risks and other factors which could occur, see OpenText's Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and other securities filings with the SEC and other securities regulators. Unless otherwise required by applicable securities laws, OpenText disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.

Copyright © 2021 OpenText. All Rights Reserved. Trademarks owned by OpenText. One or more patents may cover this product(s). For more information, please visit https://www.opentext.com/patents .

OTEX-G

View original content to download multimedia: https://www.prnewswire.com/news-releases/opentext-named-one-of-canadas-most-admired-corporate-cultures-2021-301433506.html

SOURCE Open Text Corporation

News Provided by PR Newswire via QuoteMedia

OpenText Announces Strategic Appointments

OpenText™ (NASDAQ: OTEX), (TSX: OTEX) today announced certain strategic appointments and changes to its Executive Leadership Team.

Keep reading... Show less

Faurecia Streamlines International Procurement Process with OpenText

Global company enhances invoice visibility and drives efficiency with OpenText Vendor Invoice Management for SAP Solutions

OpenText ™ (NASDAQ: OTEX), (TSX: OTEX), today announced, Faurecia, a global leader in automotive interiors and emission control technology, implemented OpenText™ Vendor Invoice Management (VIM) for SAP® Solutions to manage and access high volumes of information and drive efficiency of procurement operations.

Keep reading... Show less

OpenText to Report Second Quarter Fiscal Year 2022 Financial Results on Thursday, February 3, 2022

- Open Text Corporation (NASDAQ: OTEX), (TSX: OTEX), announced today that financial results for its second quarter fiscal year 2022 will be released on Thursday, February 3, 2022 at approximately 4:00 p.m. ET .

Keep reading... Show less

OpenText Buys Zix Corporation

OpenText™ (NASDAQ: OTEX), (TSX: OTEX) today announced that it has completed the closing of the previously announced acquisition of Zix Corporation (NASDAQ: ZIXI) ("Zix"), a leader in SaaS-based email encryption, threat protection and compliance cloud solutions for Small and Medium-sized Businesses (SMBs).

Keep reading... Show less
SoLVBL Solutions Inc. Announces Upgrade to OTCQB Under Ticker "SOLBF"

SoLVBL Solutions Inc. Announces Upgrade to OTCQB Under Ticker "SOLBF"

SoLVBL Solutions Inc. (CSE: SOLV) (OTCQB: SOLBF) ("SoLVBL" or the "Company"), is pleased to announce that after successfully completing the application process, the Company has received approval from OTC Markets Group Inc. for its common shares to begin trading on the OTCQB Market ("OTCQB") under the symbol "SOLBF". The Company's common shares will remain listed on the CSE in Canada under the ticker symbol "SOLV".

OTC Markets Group Inc.1, located in New York, N.Y., operates the world's largest electronic inter-dealer quotation system for broker dealers to trade over 10,000 securities. The OTCQB is a transparent trading platform that offers a cost-effective method for United States investors to access SoLVBL's securities. SoLVBL's quotation and trading on the OTCQB provides investors the opportunity to benefit from streamlined market standards which enhance the availability of information to the general public, enabling greater transparency. North American and international investors can find Real-Time level 2 quotes (denominated in US dollars) and market information for SoLVBL common shares at https://www.otcmarkets.com/stock/SOLBF/overview along with current company news.

Keep reading... Show less

OpenText Extends Tender Offer for Zix Corporation

In connection with the previously announced agreement to acquire Zix Corporation (NASDAQ: ZIXI) ("Zix"), OpenText™ (NASDAQ: OTEX) (TSX: OTEX) announced today that it has extended the expiration of its tender offer for all outstanding shares of common stock of Zix at a price of U.S. $8.50 per share, through its subsidiary, Zeta Merger Sub Inc.  The tender offer is now scheduled to expire at one minute after 11:59 P.M., Eastern time on December 22, 2021 unless it is further extended. The tender offer was previously scheduled to expire at one minute after 11:59 P.M., Eastern time on December 20, 2021 .

The depositary for the tender offer has advised OpenText that as of the previous expiration time there were validly tendered and not withdrawn a total of approximately 33,967,027 shares of Zix common stock, including approximately 5,397,062 shares of Zix common stock tendered pursuant to a notice of guaranteed delivery. The tender offer is being extended to allow for those shares tendered pursuant to a notice of guaranteed delivery to be delivered, which can take up to two business days. Assuming no validly tendered shares of common stock are withdrawn, all shares of common stock subject to a notice of guaranteed delivery are delivered, and all shares of Zix Series A Preferred Stock are converted into Zix common stock and validly tendered pursuant to the Tender and Voting Agreement with Zephyr Holdco LLC, approximately 54,807,927 shares of Zix common stock would be tendered, representing approximately 70% of the shares outstanding (including shares of common stock issuable upon the conversion of Series A Preferred Stock) and the minimum tender condition would be satisfied.  All other conditions to the tender offer (other than such conditions which by their terms can only be satisfied on the expiration date) have been satisfied.  Accordingly, OpenText and Zix expect the transaction to close on Thursday, December 23, 2021 .

Keep reading... Show less

Latest Press Releases

Related News

×