Author: josettew03

) Zix Reported Annual Recurring Revenues (ARR) of 90% Accretive and expected to be on the OpenText operating model within 12-18 months Funded with OpenText’s existing cash on hand (1) Upon closing, Zix’s resell business will be reported on a “net” basis to conform to OpenText’s revenue recognition policies. The net basis recognition will result in Zix’s immediate conformance to OpenText Gross Margin Model. 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: ... Read more