Financial Statement Analysis of Open Text Corporation

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BACKGROUND

Open Text had grown significantly since its inception in the mid-1980s by offering Enterprise Information Management (EIM) software systems and services. Its growth was driven by acquisitions and innovations over the years. The company started in a small way, facilitating automatic searching of the Oxford English Dictionary at the University of Waterloo. This became an instant success. Open Text then introduced a new computer programming language, Standard Generalized Mark Language (SGML) , to enhance the search process of digitized documents...

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