Open Text has agreed to buy Hummingbird for $489 million in cash, prompting Hummingbird to reject the $465 million offer it accepted in May from Symphony Technology Group. Hummingbird, a developer of ...

TORONTO, Nov 6 (Reuters) - Business software maker Open Text Corp. swung to a first-quarter profit on Monday as revenue increased while the company began digesting its $489-million purchase of rival ...

Open Text Corp. has agreed to buy Hummingbird Ltd. for US$489 million in cash, prompting Hummingbird to reject the $465 million offer from Symphony Technology Group LLC that it accepted in May.

OpenText is a rare deep value stock in the Technology Sector and Software industry. Following a transformative acquisition of UK based Microfocus the stock dropped as the company integrated the ...