Open Text Corporation shares fall 1.46% after-hours following the announcement of a strategic partnership with TELUS for a Canadian Sovereign Cloud.

Open Text Corporation fell 1.46% in after-hours trading. The company announced a strategic partnership with TELUS to launch the OpenText and TELUS Canadian Sovereign Cloud, which empowers Canadian organizations and government agencies with access to enterprise-grade cloud computing and AI capabilities while ensuring complete data sovereignty. This partnership brings together Canadian infrastructure, AI innovation, and trusted advisory services to deliver a truly sovereign, secure, and scalable cloud AI platform designed specifically for Canadian enterprises and government institutions.