1995-1998: Harnessing the Power of the Internet
Livelink, the first Web-based document management product, enters the scene and the intranet is born
1998
- Acquires Information Dimensions, which adds offices in London, Paris, Frankfurt and Ohio.
- Acquires software/services firm, Lava Systems, to extend OpenText's reach in financial markets; satellite office in Australia.
- Molson Breweries, TMA, Nortel Networks, and BPB Gypsum deploy Livelink.
- IDC names OpenText the market leader by revenue (42.1 percent) in enterprise-centric Electronic Document Management.
1997
- Acquires OnTime—the first enterprise-wide, real time group scheduling product using client/server architecture; creates OpenText office in Detroit (Livonia).
- Motorola deploys Livelink as its enterprise infrastructure.
- Affinity Solution Provider program launches: helping third-party software developers maximize corporate intranets.
- IDC report declares OpenText the market leader (64 percent share) for Web-enabled electronic Document Management.
- The Delphi Consulting Group recognizes Livelink as the fastest-growing product (revenue up by 248 percent) of its kind.
1996
- Initial public offering of 4.6 million shares raises $61 million US net of offering costs.
- OpenText acquires NIRV, one of the world's first ISPs, which becomes the new OpenText Network Services team.
- Employs almost 300 people, up from 20 in mere months; 18 sales representatives out of 15 cities.
- Alliance with Siemens Nixdorf.
- Product license agreement with Netscape.
- Customers include Canon, International Organization for Standardization (ISO), Schein Pharmaceutical, Chiron Corporation, and BellSouth.net Inc.
1995
- Acquires Chicago-based Odesta and its key collaborative technology, Livelink.
- OpenText ships its first Web-based product, Latitude Web Server (later renamed Livelink Web Server), which lets Yahoo! search every word on every Web page.
- OpenText sees the Web's real potential as the application of technology and standards to business (later known as 'intranets').
- Co-develops ArchiveLink and the first standard ArchiveLink product for SAP.
- Microsoft® Explorer integration announced.
- Oracle integrates OpenText search technology.
- Customers include Booz Allen & Hamilton, Union Bank of Switzerland, Mutual Life Assurance Co. of Canada, Grolier Publishing, and Peugeot Inc.