Actuate Corporation, now known as OpenText, was a publicly traded software company that provided enterprise reporting, business intelligence, and performance management software solutions. The company was founded in 1993 and was headquartered in San Mateo, California.
Actuate's products were used by businesses to design, deploy, and manage reports and analytics applications. Its portfolio included a range of products such as BIRT (Business Intelligence and Reporting Tools), which was an open source software project for creating data visualizations, reports, and dashboards.
In January 2015, OpenText Corporation acquired Actuate for approximately $330 million. Following the acquisition, Actuate became a wholly owned subsidiary of OpenText and its products were integrated into OpenText's suite of enterprise information management solutions.
In conclusion, Actuate Corporation was a software company that provided business intelligence and reporting tools, and was acquired by OpenText Corporation in 2015.
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