NasdaqGS:OTEXSoftware
Is OpenText’s New EU Sovereign Cloud Push Reshaping The Investment Case For OTEX?
In April 2026, Open Text announced new European sovereign cloud offerings through partnerships with S3NS (the Thales–Google Cloud alliance) and Amazon Web Services’ European Sovereign Cloud, while also reshaping its leadership team as Interim CEO James McGourlay moved to President, Chief Client Officer and Paul Duggan shifted to a special advisor role ahead of his July departure.
By combining locally governed, compliance-focused cloud services for sensitive data with hyperscaler...