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Proc-Type: 2001,MIC-CLEAR
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<SEC-DOCUMENT>0000927016-03-001238.txt : 20030321
<SEC-HEADER>0000927016-03-001238.hdr.sgml : 20030321
<ACCEPTANCE-DATETIME>20030321133009
ACCESSION NUMBER:		0000927016-03-001238
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20030320
ITEM INFORMATION:		Acquisition or disposition of assets
ITEM INFORMATION:		Financial statements and exhibits
FILED AS OF DATE:		20030321

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			OPEN TEXT CORP
		CENTRAL INDEX KEY:			0001002638
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN [7373]
		IRS NUMBER:				980154400
		STATE OF INCORPORATION:			K6
		FISCAL YEAR END:			0630

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-27544
		FILM NUMBER:		03611966

	BUSINESS ADDRESS:	
		STREET 1:		185 COLUMBIA ST W
		STREET 2:		WATERLOO
		CITY:			ONTARIO CANADA
		STATE:			A6
		ZIP:			N2L 5Z5

	MAIL ADDRESS:	
		STREET 1:		185 COLUMBIA ST W
		STREET 2:		WATERLOO
		CITY:			ONTARIO CANADA
		ZIP:			M2L 5Z5
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>d8k.txt
<DESCRIPTION>FORM 8-K
<TEXT>
<PAGE>



                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                         -------------------------------

                                    FORM 8-K

                                 CURRENT REPORT

                     Pursuant to Section 13 or 15(d) of the
                         Securities Exchange Act of 1934

                                 March 20, 2003
                          -----------------------------
                                 Date of Report
                        (Date of earliest event reported)

                              Open Text Corporation
         -------------------------------------------------------------
               (Exact Name of Registrant as Specified in Charter)

           Ontario                       0-27544                 98-0154400
- -----------------------------   ------------------------    --------------------
(State or Other Jurisdiction    (Commission File Number)       (IRS Employer
      of Incorporation)                                      Identification No.)


                       185 Columbia Street West, Waterloo,
                             Ontario, Canada N2L 5Z5
- --------------------------------------------------------------------------------
               (Address of principal executive offices) (Zip Code)

                                 (519) 888-7111
- --------------------------------------------------------------------------------
               Registrant's telephone number, including area code


<PAGE>

Item 2.  Acquisition or Disposition of Assets

On March 20, 2003, Open Text Corporation issued a press release relating to the
closing of the merger with Eloquent, Inc, a copy of which is attached hereto as
Exhibit 99.1 and incorporated herein by reference.

Item 7.  Financial Statements, Pro Forma Financial Information and Exhibits

The following financial statements, pro forma financial information and exhibits
are filed as part of this Report on Form 8-K, where indicated:

         (a)  Financial Statements of Businesses Acquired. None. The required
              financial statements will be filed not later than 75 days from the
              date of the event reported herein.

         (b)  Pro Forma Financial Information. None The required financial
              statements will be filed not later than 75 days from the date of
              the event reported herein.

         (c)  Exhibits.

99.1     Press Release issued by Open Text Corporation dated March 20, 2003



                                       2


<PAGE>

                                    SIGNATURE

         Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.

Dated:  March  20, 2003                         OPEN TEXT CORPORATION



                                                By: /s/ P. Thomas Jenkins
                                                    ---------------------------
                                                        P. Thomas Jenkins
                                                        Chief Executive Officer

                                       3


<PAGE>

                                  EXHIBIT INDEX

Exhibit Number         Description
- --------------         -----------
     99.1              Press Release issued by Open Text Corporation dated
                       March 20, 2003







                                       4



</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>3
<FILENAME>dex991.txt
<DESCRIPTION>PRESS RELEASE ISSUED BY OPEN TEXT CORPORATION DATED MARCH 20,2003
<TEXT>
<PAGE>


                                                                    EXHIBIT 99.1

OPEN TEXT AND ELOQUENT ANNOUNCE COMPLETION OF ACQUISITION

Waterloo, ON--March 20, 2003--Open Text(TM) Corporation (Nasdaq: OTEX, TSX: OTC)
provider of Livelink(R), the leading collaboration and knowledge management
software for the global enterprise and Eloquent, Inc. (Nasdaq:ELOQ) today
announced the completion of Open Text's acquisition of all of the issued and
outstanding shares of Eloquent for cash consideration of $6,714,000, or
approximately $0.345 per share. Of the aggregate $6,714,000 purchase price,
$1,000,000, or approximately $0.05 per share, will be held in escrow to secure
certain representations, warranties and covenants set forth in the acquisition
agreement. The transaction was approved by Eloquent shareholders at a meeting of
the shareholders held on March 14th, 2003.

About Eloquent Inc.
Eloquent(R) (Nasdaq: ELOQ) provides sales effectiveness solutions to Fortune
1000 companies - enabling organizations to increase the productivity of their
sales and marketing functions, accelerate new revenues, and reduce product
launch expenses. Using Eloquent's rich media platform, LaunchForce(R) provides a
closed-loop, sales readiness solution that helps companies better equip
employees, partners, and channels with the information they need to be more
effective. The Company is headquartered in San Mateo, California. For more
information, visit www.eloquent.com.

About Open Text
Since 1991, Open Text Corporation has delivered innovative software that brings
people together to share knowledge, achieve excellence, deliver innovation, and
enhance processes. Its legacy of innovation began with the successful deployment
of the world's first search engine technology for the Internet. Today, as the
leading global supplier of collaboration and knowledge management software for
the enterprise, Open Text supports fifteen million seats across 10,000 corporate
deployments in 31 countries and 12 languages throughout the world. As a publicly
traded company, Open Text manages and maximizes its resources and relationships
to ensure the success of great minds working together. For more information,
visit www.opentext.com

                                      # # #

         This news release may contain forward-looking statements relating to
the deployment of Livelink and Livelink MeetingZone by customers, and future
performance of Open Text Corporation. Forward-looking statements are subject to
certain risks and uncertainties, and actual results may differ materially. These
risks and uncertainties include, among others, risks involved in the completion
and integration of acquisitions, the possibility of technical, logistical or
planning issues in connection with deployments, the continuous commitment of the
Company's customers and other risks detailed from time to time in the Company's
filings with the Securities and Exchange Commission (SEC), including the final
prospectus for the Company's initial public offering of common stock in January
1996, Form 10-K for the years ended June 30, 1996, June 30, 1997, June 30, 1998,
June 30, 1999, June 30, 2000, June 30, 2001, and June 30, 2002, and 10-Q for the
quarter ending September 30, 2002. Forward-looking statements are based on
management's beliefs and opinions at the time the statements are made, and the
Company does not undertake any obligations to update forward-looking statements
should circumstances or management's beliefs or opinions change.

                                       5


<PAGE>

Copyright (C) 2003 by Open Text Corporation. LIVELINK, LIVELINK MEETINGZONE, and
OPEN TEXT are trademarks or registered trademarks of Open Text Corporation in
the United States of America, Canada, the European Union and/or other countries.
This list of trademarks is not exhaustive. Other trademarks, registered
trademarks, product names, company names, brands and service names mentioned
herein are property of Open Text Corporation or other respective owners.
Eloquent and LaunchForce are trademarks or registered trademarks of Eloquent,
Inc. All other trademarks are the property of their respective owners.
<TABLE>
<CAPTION>
<S>                                     <C>                                     <C>
Greg Secord                              Richard Maganini                        Cliff Reid
Director, Investor Relations             Director, Media Relations               650-294-6410
Open Text Corporation                    Open Text Corporation                   creid@eloquent.com
+1-519-888-7111 ext.2408                 +1-847-267-9330 ext.4266

</TABLE>



                                       6


</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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