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WATERLOO, ON - OpenText (NASDAQ:OTEX) (TSX:OTEX), a $9.5 billion technology company with impressive 75.9% gross profit margins, announced on Wednesday new features for its Core Threat Detection and Response solution that integrate with Microsoft Defender for Endpoint, Microsoft Entra ID, and Microsoft Copilot for Security. According to InvestingPro data, the company’s stock has delivered a strong 38.3% return year-to-date, reflecting investor confidence in its strategic initiatives.
The enhanced cybersecurity solution aims to help security teams detect and respond to threats more efficiently by reducing alert noise and providing more relevant threat information, according to the company’s press release statement.
The AI-powered system is designed to address specific security challenges including insider threats, account takeover attempts, early-stage ransomware detection, and alert noise reduction. OpenText claims the solution will help organizations gain comprehensive visibility while accelerating threat detection.
"With OpenText Core Threat Detection and Response, we’re simplifying security while delivering stronger protection against insider threats and sophisticated, hard-to-detect attacks," said Muhi Majzoub, OpenText EVP, Security Products.
Heather Deggans, Vice President at Microsoft, noted that the partnership "brings powerful new capabilities to organizations looking to strengthen their security posture against accelerating attacks."
The integration comes as organizations face increasing cybersecurity complexity. Recent research from the Ponemon Institute indicates that 73% of security and IT leaders consider streamlining security essential to strengthening their defensive posture.
OpenText Core Threat Detection and Response is available now as part of the OpenText Cybersecurity Cloud. The solution represents part of OpenText’s broader strategy for secure information management with AI capabilities.
In other recent news, OpenText Corporation has announced significant developments that may interest investors. The company has reached a definitive agreement to sell its eDOCS solution to NetDocuments for $163 million in cash. This divestiture, part of OpenText’s Analytics product group, generated approximately $30 million in annual revenue during the fiscal year ending June 30, 2025. OpenText plans to use the proceeds to reduce its outstanding debt. In leadership changes, Steve Rai has been appointed as the new Executive Vice President and Chief Financial Officer, effective October 6, 2025. Rai brings over 30 years of global finance experience, having served as CFO at BlackBerry Limited. OpenText also announced the launch of Content Next, an AI-powered content management solution for banks, developed in collaboration with Fiserv. Additionally, Scotiabank has upgraded OpenText’s stock to Sector Outperform, citing increased confidence in the company’s Content Management business, which accounts for about 40% of its revenue. Lastly, George Schindler, former CEO of CGI Inc., has joined OpenText’s board of directors, bringing valuable leadership experience to the company.
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