18:09:21 EDT Wed 16 Sep 2026
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or Name
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Open Text Corp
Symbol OTEX
Shares Issued 242,126,739
Close 2026-09-16 C$ 32.75
Market Cap C$ 7,929,650,702
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Open Text forms agentic AI partnership with Cohere

2026-09-16 16:26 ET - News Release

Mr. Ayman Antoun reports

OPENTEXT, COHERE PARTNER TO COMBINE TRUSTED DATA WITH AGENTIC AI

Open Text Corp. has formed a strategic partnership at the All In AI conference to bring trusted agentic AI (artificial intelligence) to governments and regulated industries.

Together, Open Text and Cohere provide complementary layers of the AI stack for the agentic enterprise. As the data and context layer, Open Text unlocks enterprise data, including unstructured, operational and transactional data, and gives agentic AI the context it needs. Cohere provides the application and orchestration layer through North, its secure, privately deployable agentic AI platform, together with its cutting-edge enterprise AI models for powering complex automations. Clients have the choice of where it all runs: on-premises or in a private, public or sovereign cloud, depending on their security, data and deployment requirements.

"Data is not the supporting act; it is what gives agentic AI the context it needs to perform," said Ayman Antoun, chief executive officer of Open Text. "Open Text brings the data and context layer while Cohere brings the orchestration and models that turn that data into agentic AI that acts with purpose. Together, we give clients what they need to build the agentic enterprise."

Expected to reach clients in early 2027, the Open Text and Cohere agentic solution is purpose built for governments and organizations in highly regulated sectors, where AI agents must reason over trusted data and act across systems without sacrificing control over data location, security or deployment. Open Text's data and context layer already runs inside the world's top 20 federal governments, along with health care systems, financial institutions, insurers and global supply chains, through its content, business network, IT (information technology) operations management (ITOM) and cybersecurity solutions.

"Enterprises and governments need AI that can work with their most important data while keeping them in control of where that data lives and how it is used," said Aidan Gomez, co-founder and chief executive officer of Cohere. "By bringing North and our models together with Open Text's trusted data and context, we're giving organizations a secure path to move agentic AI from pilot to production and put it to work across the systems and workflows their teams rely on every day."

Open Text brings clients a world-class ecosystem of partners that together deliver the full AI stack they need to deploy agentic AI. The Open Text and Cohere partnership will include product development, integration of Cohere's agentic platform and models into Open Text Aviator AI agents, co-ordinated go-to-market execution, and a strategic reseller relationship through Solex, enabling Open Text to offer Cohere-supported solutions both on-premises and through Open Text Cloud.

Two Canadian AI leaders with global reach

Open Text was founded in Canada in 1991 and serves more than 120,000 enterprise clients in 180 countries. Cohere was founded in Toronto in 2019 and is the world's leading sovereign AI company building cutting-edge foundation models and end-to-end AI products for enterprise and public-sector organizations. Together, the companies extend a common foundation in trust and security to regulated markets around the world, where deployment choice and control over data matter most.

About Open Text Corp.

Open Text is a global leader in data management for enterprise AI, helping organizations protect, govern and activate their data with confidence. The company's technologies turn data into information with context to form the knowledge base for enterprise AI.

We seek Safe Harbor.

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