Rocket Software, Inc. (“Rocket Software”), a global technology leader in modernization software, has expanded upon its position as a partner of choice empowering the world's leading businesses ...

WATERLOO, ON, May 1, 2024 /PRNewswire/ -- Open Text Corporation, today announced that it has successfully completed the divestiture of its AMC/Mainframe business to Rocket Software, Inc., a Bain ...

Rocket Software, which is backed by Bain Capital Private Equity, has acquired OpenText’s application modernization and connectivity business. The purchase price was $2.275 billion.

Following a transformative acquisition of UK based Microfocus, OpenText is now deleveraging and revenue & operating income has begun to recover, suggesting growth.

OpenText plans to round out its comprehensive cybersecurity platform with the Dec. 9 debut of managed detection and response (MDR), based on its acquisition of the Pillr platform.

OpenText, a supplier of a wide range of cybersecurity, AI and other IT management solutions for MSPs, plans to lay off 1,200 employees and add 800 positions.

Rocket Software, Inc., a global technology leader in modernization software, announced it has closed on the acquisition of the Application Modernization and Connectivity (AMC) business of OpenText, ...

“The combination of OpenText’s AMC business and Rocket Software’s highly complementary businesses will create one of the world’s largest mainframe modernization and connectivity software ...