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Compare · OTEX vs RDDT

OTEX vs RDDT

Side-by-side comparison of Open Text Corporation (OTEX) and Reddit Inc. (RDDT): market cap, price performance, sector, and recent activity on the wire.

Summary

  • Both OTEX and RDDT operate in EDP Services (Technology), so they compete in similar markets.
  • RDDT is the larger of the two at $32.04B, about 5.5x OTEX ($5.81B).
  • RDDT has been more active in the news (17 items in the past 4 weeks vs 7 for OTEX).
  • RDDT has more recent analyst coverage (25 ratings vs 13 for OTEX).
MetricOTEXRDDT
Company
Open Text Corporation
Reddit Inc.
Price
-
-
Market cap
$5.81B
$32.04B
1M return
-
-
1Y return
-
-
Industry
EDP Services
EDP Services
Exchange
NASDAQ
NYSE
IPO
1996
2024
News (4w)
7
17
Recent ratings
13
25
OTEX

Open Text Corporation

Open Text Corporation engages in the designs, develops, markets, and sells information management software and solutions. It offers content services; business network that manages data within the organization and outside the firewall; security and protection solutions for defending against cyber threats, and preparing for business continuity and response in the event of a breach; digital investigation and forensic security solutions; OpenText security solutions to address information cyber resilience needs; Carbonite and Webroot products; and OpenText Information Management software platform. The company also provides Discovery platform that provides forensics and unstructured data analytics; OpenText Developer Cloud; key developer API services; AI and analytics that leverages structured or unstructured data; digital process automation solutions, which enables organizations to transform into digital data-driven businesses; and OpenText Digital Experience platform. In addition, it offers customer support programs, including access to software upgrades, a knowledge base, discussions, product information, and an online mechanism to post and review trouble tickets; and consulting and learning services relating to the implementation, training, and integration of its licensed product offerings, as well as cloud services. The company serves organizations, enterprise and mid-market companies, public sector agencies, small and medium-sized businesses, and direct consumers in Canada, the United States, the United Kingdom, Germany, rest of Europe, the Middle East, Africa, and internationally. It has strategic partnerships with SAP SE, Google Cloud, Amazon AWS, Microsoft Corporation, Oracle Corporation, Salesforce.com Corporation, Accenture plc, ATOS, Capgemini Technology Services SAS, Cognizant Technology Solutions U.S. Corp., Deloitte Consulting LLP, and Tata Consultancy Services. The company was incorporated in 1991 and is headquartered in Waterloo, Canada.