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Open Text profit rises 39 percent on strong cloud services business

January 27, 2015 publisher 53-5-million, cents-per, easing-the-way, its-rapidly, officer-john, percent-rise, speaker-john, threefold-jump, waterloo

(Reuters) – Canadian business-software maker Open Text Corp reported a 39 percent rise in quarterly profit, helped by a more than threefold jump in revenue in its rapidly growing cloud services business. Net income attributable to the company rose to $74.3 million, or 60 cents per share in the second quarter ended Dec