Vertica by OpenText and Anritsu Sign New Deal for Next-Gen Architecture and 5G Network Capabilities

Vertica by OpenText data analytics platform opens the door for AI and machine learning for use by the telecommunications company.

Vertica by OpenText (NASDAQ: OTEX, TSX: OTEX) and Anritsu Service Assurance announced the extension of their long-running partnership providing a new generation of analytical database technologies to Anritsu’s next-generation architecture, designed to meet the demands of 5G networks around the world.

Anritsu Service Assurance delivers trusted insights and support to global telecommunication service providers. It is enhancing its portfolio to meet the new demands service providers face with implementing 5G, particularly the operational agility required for the wide range of use cases that 5G offers. Critical to the success of an agile 5G network is low latency at massive scale, new edge-computing services, and digital services, all of which increase network traffic and data. The Vertica analytical database capabilities embedded in the Anritsu architecture will allow for multi-petabyte scale data processing.

"The fast-paced evolution of 5G networks means service providers need to balance the network and operational demands at scale while ensuring their customers' experience. Our continued partnership with Vertica by OpenText scales our ability to bring customers the best possible solutions for managing their needs and the complexities of 5G," said Ralf Idling, CEO of Anritsu. "Vertica's powerful database technology will be a valuable asset as we continue to help our customers deliver the highest levels of service quality to their customers."

"Adopting 5G in the telecommunications industry requires robust, fast networks, which can only be achieved with increased levels of artificial intelligence (AI), machine learning (ML), and modern data architectures,” said Muhi Majzoub, EVP and Chief Product Officer at OpenText.  “The advanced data analytics capabilities of the Vertica analytical database will play a significant role in Anritsu’s architecture. The result is that Anritsu customers can easily meet the demands associated with data-intensive workloads and fast data transaction requirements in the cloud.”

Vertica by OpenText will help Anritsu meet its 5G and next-generation architecture needs by providing: auto-scaling capabilities with Kubernetes reduced hardware footprint leading to a lower TCO faster and easier fixes and upgrades that do not impact the network, storage and deployment choices for Anritsu clients AIOps for network automation a clear path for network upgrades. 

Before the new agreement, Anritsu had been a Vertica by OpenText customer since 2013. Additional details will be available May 25-26 during the OpenText Analytics Summit in San Anton, Malta.

About Anritsu Service Assurance

Anritsu Service Assurance stands at the forefront of network, customer, and service assurance, providing trusted insights and support to service providers worldwide. With over 15 years of experience and empowering operators with the necessary tools and insights, Anritsu Service Assurance continues to be a trusted partner in the journey toward excellence in operations and automation. As a reliable ally in the journey to fully autonomous networks, Anritsu Service Assurance equips operators with essential AI-tools and insights, consistently showcasing their commitment to excellence and innovation in the industry.

About OpenText

OpenText, The Information Company™, enables organizations to gain insight through market leading information management solutions, powered by OpenText Cloud Editions. Vertica by OpenText is a highly scalable analytical database with a broad, powerful set of analytical capabilities and end-to-end in-database machine learning. Vertica enables data-driven organizations with large and demanding analytical workloads to derive strategic predictive business insights faster than any data analytical platform in the market. For more information about OpenText (NASDAQ: OTEX, TSX: OTEX) visit opentext.com.

Opentext World EMEA Gets Underway, Unveiling Latest Innovations to Prepare Businesses for 2030

OpenText World EMEA gets underway, unveiling the newest Cloud Editions

Innovations and reimagining the Future of Information Management

Latest innovations prepare businesses for 2030 to be more connected, intelligent, secure and responsible

This Monday at OpenText World EMEA – Innovation Summits 2023, OpenText™ (NASDAQ: OTEX), (TSX: OTEX) announces OpenText Cloud Editions (CE) 23.2, with over 75,000 new innovations released in the last 12 months to help customers accelerate their cloud-based digital transformation. This milestone, part of the company’s extensive Project Titanium roadmap, enables customers to further drive productivity and profitability while streamlining experiences and security in a multi-cloud world. OpenText is thrilled to welcome newly acquired Micro Focus customers and colleagues to OpenText World EMEA as it demonstrates and discusses the many exciting innovations and integrations now available.

“OpenText is on the cusp of a new technological era with rapid acceleration towards Business 2030 and information-led transformations. Every industry will be digitally transformed by generation digital, leveraging new rules for corporate accountability and new requirements for technology,” said Mark J. Barrenechea, CEO & CTO, OpenText. “I am excited to announce Project Titanium delivered with Cloud Editions 23.2, and announce our next generation roadmap, Titanium X. We are helping customers solve their most complex problems from climate innovation, modern supply chains and acceleration innovation.”

With this release, OpenText has delivered on the promise of Titanium. OpenText is now offering a full suite of Public Cloud multi-tenant SaaS solutions in content management, cybersecurity, service management, and application delivery. Moreover, OpenText has expanded the geographical footprint and compliance standards of the OpenText Cloud and brought forward a second generation of capabilities on the private cloud for those in regulated industries or with complex environments. Lastly, Titanium has brought OpenText’s next generation of APIs for partners and customers to build their own applications (e.g., Content Capture, eSignature, Document Archive, and Messaging Notifications). 

During his keynote address today, Mark J. Barrenechea will sit down with long-time OpenText customer and partner Evonik, to discuss their digital transformation and ongoing cloud and content journeys. “With sustainability and business modernization increasingly becoming top of mind in the industrial sector, Evonik is more committed than ever to employing effective, efficient and compliant innovations,” said Dirk Ramhorst, CIO and Head of IT of Evonik. “We are thrilled to join OpenText on stage to discuss the rollout of our major transformation, and how OpenText cloud and content solutions are helping to reduce our technical and legal risks, manage unstructured content and accelerate towards modernization.”

This week, at OpenText World EMEA, CE 23.2 innovations being revealed include:

Increase and strengthen connections to customers, partners, and employees across your entire organization

Understand, distill, and gain actionable insight from vast amounts of information:

• Integration of OpenText™ Extended ECM and OpenText™ Documentum™ with IDOL enables businesses to explore content connections to make smarter, faster decisions with the help of AI-powered insights.
• Automatic identification, extraction and filing of business-critical content from third-party applications to the OpenTextä Extended ECM or Documentum repository reduces content sprawl and delivers insights into connections and relationships surrounding content through visual knowledge graphs.

Enhance productivity workflows so workforces across all industries can work smarter:

• New OpenText Connectors for Microsoft Power Automate let customers seamlessly connect any business process to over 1,000 popular applications that power everyday work.
• Connecting these applications to OpenText™ Extended ECM, OpenText™ Core Share and OpenText™ eDOCS empowers users to build and extend their own productivity workflows and eliminate information silos across a massive landscape of applications.

Connect ecosystems and address the convergence of digital, communication and voice experiences: with OpenText™ Experience Cloud 23.2:

• Seamlessly connecting customer and employee experience delivers a Total Experience with a composable, open and secure platform.
• A single-workplace user experience provides employees with greater visibility into tasks, tools and content and improves decision making backed by data-driven insights.

Implement immediate and responsible business practices

Simplify implementation and enforcement of more responsible sourcing practices with OpenText™ Active Risk Monitor:

• Proactive assessment and management of supply chain risk around ESG compliance and beyond is enabled by aggregating information from third-party sources, including EcoVadis and Dun & Bradstreet.
• Integration with OpenText™ Trading Grid™ allows companies to gain a consolidated view into their suppliers and review risk related to specific business activity, so users can take corrective action backed by actionable insights.

Automate the digital value chain with OpenText ValueEdge23:

• This platform and suite of DevOps tools from the Application Delivery Management (ADM) portfolio enables organizations to automate the digital value chain to get smarter applications to market faster.
• Major new capabilities include strategic planning, codeless quality, and real-world performance engineering to improve speed-to-value by accelerating the development-to-production flow.

Operate in an efficient and responsible manner to optimize future spending decisions:

• HCMX (Hybrid Cloud Management X) FinOps Express helps foster a culture of financial responsibility, improves decision-making with intelligent insights, and delivers the centralized control that organizations need to reduce their cloud bill.
• Originally part of the IT Operations Management (ITOM) portfolio, this solution enables customers to monitor their cloud spend with granularity while gathering powerful insights to optimize the usage of their clouds, allowing for a significant reduction in overall cloud waste, overspending, and business inefficiencies.

Eliminate maintenance and upgrade effort by moving on-premises deployments to the OpenText™ Private Cloud:

• Available to Operations Bridge Premium customers, this offering can accelerate modernization efforts for AIOps to reduce the mean time to resolve incidents, boosting IT service performance and IT operations productivity.

Protect customers and partners with a holistic security portfolio

Act fast to prevent lost productivity and revenue when critical systems go down without warning:

• Enhancements to Carbonite® Recover provide Managed Service Providers (MSPs) the flexibility to create their own disaster-recovery-as-a-service offering on the Google Cloud Platform.
• Businesses can choose public or private cloud storage, while enabling management of diverse environments through a single console and gaining improved efficiency through greater automation and orchestration.

For more on all the Cloud Editions 23.2 innovations please read our blogs. For the first time in-person since 2019, OpenText kicks off Open World EMEA from April 24 - 27. The global hybrid event – with roadshows in Munich, Paris and London – will unveil the latest OpenText innovations, engage with customers locally, and showcase the future of information management. Additional information and live demonstrations will be presented by OpenText during OpenText World EMEA - keynote sessions with CEO & CTO, Mark J. Barrenechea and EVP & CPO, Muhi Majzoub.

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

OpenText Buys Micro Focus

OpenText™ (NASDAQ: OTEX), (TSX: OTEX) announced that it has closed the previously announced acquisition (the "Acquisition") of Micro Focus International plc ("Micro Focus"), a leading provider of mission-critical software technology and services that help customers accelerate digital transformation.

"I would like to welcome Micro Focus customers, partners and employees to OpenText," said OpenText CEO & CTO Mark J. Barrenechea. "Digital life is life, and with Micro Focus' great products and talent, we will help organizations of all sizes accelerate their digital transformation."

OpenText Nasdaq stock market opening bell

Barrenechea further added, "With this acquisition, OpenText's corporate mission expands to help enterprise professionals secure their operations, gain more insight into their information, and better manage an increasingly hybrid and complex digital fabric with a new generation of tools that include Cybersecurity, Digital Operations Management, Applications Modernization & Delivery and AI & Analytics. This new generation of Information Management software will help organizations accelerate their digital transformation and drive growth while reducing costs."

Preliminary Financial Overview

Further information on our financial performance, as well as updated models, will be provided when OpenText reports its second quarter Fiscal 2023 financial & business results on February 2, 2023.

Closing Terms of the Acquisition

• Total purchase price of approximately $5.8 billion, inclusive of Micro Focus' cash and debt, subject to final adjustments
• Total purchase price is 2.3x Micro Focus' TTM revenues(1)
• Total purchase price is 6.7x Micro Focus' TTM adjusted EBITDA(2)
• Immediately accretive to F'23 adjusted EBITDA dollars
• Expected to be on the OpenText operating model within 6 full quarters or sooner
• Net leverage(3) expected to be less than 3x within 8 full quarters or sooner
• Consistent with previously announced cost synergies of $400 million, expect to balance the combined company through an approximate 8% workforce reduction due to the acquisition of Micro Focus. 

"We have a structured and disciplined approach to M&A. The last six months of planning has led us to a defined integration plan to deliver on our committed outcomes. We are ready and excited about winning the Information Management market, strong customer outcomes, and company growth and expanded cash flows," concluded Barrenechea.

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.