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March 31, 2014
09:01 EDTOTEXOpen Text seeking infringement damages from Box, Inc. for more than $268M
OpenText advised Box, Inc. on March 30, 2014 that while OpenText seeks preliminary and permanent injunctions halting the sale of Box's products, it otherwise seeks damages exceeding $268M in the patent infringement lawsuit against Box. OpenText also seeks interest, damages for willful infringement, and attorney fees. This information was delivered to Box in response to Box's March 26 demand that OpenText provide the amount of its damages claimed in response to Box's discovery request.
News For OTEX From The Last 14 Days
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December 16, 2014
09:02 EDTOTEXOpen Text commences tender offer forActuate
Open Text (OTEX) announced that its wholly-owned subsidiary, Asteroid Acquisition Corporation, has commenced its previously announced tender offer for all outstanding shares of common stock of Actuate (BIRT), including the associated preferred stock purchase rights issued under the Rights Agreement, at a price of $6.60 per share. The tender offer is scheduled to expire at 9:00 A.M., New York City time, on Friday, January 16, unless the offer is extended or earlier terminated.
December 15, 2014
17:20 EDTOTEXOpen Text reports 11.9% stake in Actuate
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