At OpenText, acquisitions have powered a cross-functional and dynamic workforce in India, ready to step into the future, says EVP, Security Products, OpenText
Muhi S Majzoub, EVP, Security Products, Opentext
Image: Nishant Ratnakar for Forbes India
OpenText is into its 15th year in India, employing some 6,000 people in the country, who constitute about 25 percent of the company’s global workforce, with Bengaluru and Hyderabad as its main centres.
The Canada-headquartered company, which started out as a spinoff from the University of Waterloo, Ontario, about 33 years ago, is today a $7.8 billion company (market cap as of February 2) listed on both the Toronto Stock Exchange and Nasdaq in the US.
OpenText operates in 180 countries, with 11 million users of its products on the public cloud and 3,000 large enterprise companies on the private cloud, and 150 million users of its software across enterprise, small and medium and consumer segments.
Almost all of the top 100 companies in the world use OpenText, best known for its enterprise content and information management suite of products, a business it consolidated via various acquisitions, including Dell EMC’s Documentum in 2016.
The acquisitions helped it grow its team of engineers in India as well, in addition to its own recruitment. For example, the purchase of GXS from then GE in 2014 brought OpenText its first Bengaluru team. It then acquired a unit from HP, which added more engineers. More recently, the purchase of Micro Focus in 2023 boosted its India R&D team substantially.
(This story appears in the 21 February, 2025 issue of Forbes India. To visit our Archives, click here.)