Open Text and Oracle Expand Relationship
Open Text to Embed Oracle Technology for Enterprise Content Management;
Signs Technology and Distribution Agreement
organizations meet expanding requirements for archiving, eDiscovery and
regulatory compliance, Open Text (NASDAQ: OTEX, TSX: OTC) will embed
Oracle technology to deliver a new set of enterprise content solutions.
Open Text is obtaining a technology and distribution license
specifically for the Oracle Universal Online Archive Content Management
SDK. As part of this agreement, Open Text can embed Oracle technology
in its products, allowing the company to fully utilize the capabilities
of Oracle Database 11g as an enterprise content repository. This will also permit rapid
uptake of Oracle Fusion Middleware 11g and other Oracle platform capabilities. The solutions can help Open
Text customers capture large volumes of emails, documents, images, and
application data and manage their entire lifecycle in an integrated
environment.
By leveraging Oracle technology Open Text can deliver a set of highly
scalable and secure archiving and risk mitigation solutions. The
agreement will also help Open Text customers leverage their existing
investment in Oracle technology by integrating into existing Oracle
infrastructure deployments.
“With today’s ever-changing regulatory landscape and growing litigation
pressures, organizations can’t afford to treat archiving and risk
mitigation as afterthoughts,” said
Open Text’s Oracle Solutions Group. “A strategic priority for us is to
expand our information governance capabilities across more systems to
help customers manage more of their content, which for many
organizations is exploding out of control. With this deal, our
customers will be able to benefit from our experience in providing
solutions that help them manage their content, and reduce the costs and
risks of compliance and litigation.”
“Oracle Fusion Middleware and Oracle Database provide the most secure
and highly scalable enterprise infrastructure for storing large volumes
of content and we are very excited that Open Text will be able to use
some of these capabilities within their products,” said Oracle Vice
President of Product Management,
technology, Open Text is able to integrate the expertise and industry
knowledge of its team to create targeted offerings that are affordable,
quick to deploy and deliver the enterprise-level capabilities that
customers need.”
Approximately 85 percent of all enterprise information is unstructured
content such as email, documents or images that needs to be
comprehensively managed to ensure that governance, legal and compliance
requirements are met, while content that is no longer useful is
defensively deleted. As a result of the expanded relationship between
Oracle and Open Text, a new class of Open Text solutions for providing
comprehensive management of content will be available to help customers
meet these challenges over the coming months. The new offering will
complement Open Text’s ecosystem strategy of providing solutions for
customers of leading application vendors.
Open Text is a long-time leader in information governance solutions with
its experience and capabilities in records management and archiving
that help companies manage the full lifecycle of content.
Follow Open Text on Twitter: @opentext
About Oracle
Oracle (NASDAQ: ORCL) is the world’s most complete, open, and integrated
business software and hardware systems company. For more information
about Oracle, please visit our Web site at http://www.oracle.com.
About Open Text
Open Text, a global ECM leader, helps organizations manage and gain the
true value of their business content. Open Text brings two decades of
expertise supporting 100 million users in 114 countries. Working with
our customers and partners, we bring together leading Content Experts(TM)
to help organizations capture and preserve corporate memory, increase
brand equity, automate processes, mitigate risk, manage compliance and
improve competitiveness. For more information, visit www.opentext.com.
Certain statements in this press release may contain words considered
forward-looking statements or information under applicable securities
laws. These statements are based on the Open Text’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. Open Text’s assumptions, although considered
reasonable by the company at the date of this press release, may
provide 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 the Open Text’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, Open Text disclaims any intention or obligations to
update or revise any forward-looking statements, whether as a result of
new information, future events or otherwise.
Copyright (C) 2010 by Open Text Corporation. OPEN TEXT is a trademark or
registered trademark of Open Text Corporation in
America
of trademarks is not exhaustive. Other trademarks, registered
trademarks, product names, company names, brands and service names
mentioned herein are property of Open Text Corporation or other
respective owners.
Oracle and Java are registered trademarks of Oracle and/or its
affiliates.
SOURCE Open Text Corporation