OpenText (OTEX) Acquires Pillr to Boost Cybersecurity Offerings [Yahoo! Finance]
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Open Text Corporation - Common Shares (OTEX)
Last open text corporation - common shares earnings: 4/30 04:01 pm
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US:NASDAQ Investor Relations:
investors.opentext.com/investor-relations
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Source: Yahoo! Finance
The platform named Pillr is a cloud-based threat-hunting tool for Managed Service Providers (MSPs). Moreover, it sports a multi-tenant cybersecurity service model through which it can enable OpenText to offer services to multiple tenants using a shared infrastructure. Pillr specialises in delivering skilled cybersecurity solutions around the clock, every day of the year through its Security Operations Center (SOC) that uses technological expertise with human accountability. It uses on-premises SOC with tools and processes to handle threat detection and mitigation. The new acquisition will bolster OpenText's security offerings for its customers by filling skill gaps, skill shortages and easing alert fatigue. The integration of Pillr to OpenText's products will also help OTEX to enable API integrations and more efficient product bundling for MSPs. This will further help OpenText to have a strong foothold in small and medium business segment. The Pillr platform can handle vast amou
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OTEX
News
- Open Text Co. (NASDAQ: OTEX) had its price target lowered by analysts at Citigroup Inc. from $37.00 to $32.00. They now have a "neutral" rating on the stock.MarketBeat
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- Open Text Co. (NASDAQ: OTEX) had its price target lowered by analysts at CIBC from $38.50 to $36.00. They now have a "neutral" rating on the stock.MarketBeat
- Growth And Income? These Tech Stocks Offer Both [Yahoo! Finance]Yahoo! Finance
OTEX
Earnings
- 5/2/24 - Beat
OTEX
Sec Filings
- 5/15/24 - Form 8-K
- 5/8/24 - Form 8-K
- 5/2/24 - Form 10-Q
- OTEX's page on the SEC website