{"id":933275,"date":"2026-02-02T09:15:54","date_gmt":"2026-02-02T14:15:54","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/rocket-software-to-acquire-vertica-analytics-database-platform-from-opentext\/"},"modified":"2026-02-02T09:15:54","modified_gmt":"2026-02-02T14:15:54","slug":"rocket-software-to-acquire-vertica-analytics-database-platform-from-opentext","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/rocket-software-to-acquire-vertica-analytics-database-platform-from-opentext\/","title":{"rendered":"Rocket Software to Acquire Vertica Analytics Database Platform from OpenText"},"content":{"rendered":"

\nAcquisition Extends Rocket\u2019s Modernization Portfolio into High-Performance Analytics and AI
\n<\/h2>\n
\n

WALTHAM, Mass., Feb. 02, 2026 (GLOBE NEWSWIRE) — Rocket Software<\/a>, a global technology leader in modernization software, today announced it has entered into a definitive agreement to acquire the Vertica analytics database from OpenText (NASDAQ: OTEX), (TSX: OTEX).<\/p>\n

Vertica is an\u00a0enterprise-grade analytics database\u00a0platform\u00a0trusted by leading global organizations for its proven technology and industrial-strength performance for mission-critical analytical workloads. The technology sits at the center of many of today\u2019s investments and helps enterprises drive better business outcomes while balancing cloud innovation with regulatory compliance, data sovereignty, performance, and cost requirements. By adding Vertica to its portfolio, Rocket Software will extend its capabilities to support the modernization of high-performance analytics, data, and AI, particularly for customers with demanding IT environments.<\/p>\n

This acquisition accelerates Rocket\u2019s strategy to be the partner of choice for\u00a0modernization without disruption, allowing customers not only to modernize core systems and data but also to\u00a0run\u00a0next-generation\u00a0analytics and GenAI directly on that trusted data.\u00a0Vertica\u2019s ability to support cloud, on-prem, and hybrid deployments, combined with strong AI\/ML capabilities, allows Rocket to meet customers exactly where they are when it comes to running\u00a0their most sensitive, performance-intensive workloads today.\u00a0\u00a0<\/p>\n

Rocket Software has decades of experience running mission-critical data platforms, including Rocket MultiValue databases that power daily retail and healthcare operations, Rocket Model 204 for high-volume mainframe transaction processing, and Rocket ContentEdge for governance-first, AI-enabled large-scale content modernization.<\/p>\n

\u201cThe surge in AI investment has heightened both the importance and the difficulty of turning data into real business value,\u201d said Milan Shetti,<\/a> President and CEO of Rocket Software. \u201cWith Vertica, we\u2019re addressing the next wave of modernization challenges: transforming data\u00a0warehouses, repatriating analytics workloads, and\u00a0enabling AI-driven\u00a0decision-making so customers can handle their most data-intensive workloads and accelerate modernization.\u201d<\/p>\n

According to PwC\u2019s 2026 Global CEO Survey, more than 80% of CEOs are investing in areas such as AI and analytics to improve business outcomes and enable intelligent decision-making. However, unlocking the data needed to uncover those insights requires bringing together the right infrastructure, systems, and data sources. For decades, Rocket Software has helped customers solve these exact challenges, with a portfolio that addresses complex IT pain points across infrastructure, data, applications, and AI, enabling organizations to modernize without disruption.<\/p>\n

Rocket Software intends to fund the acquisition with cash from its balance sheet. The transaction is expected to close in middle of calendar year 2026, subject to receipt of applicable regulatory approvals and other customary closing conditions.\u00a0<\/p>\n

\n In May 2024<\/a>, Rocket Software completed the integration of OpenText\u2019s Application Modernization and Connectivity (AMC) business, formerly part of Micro Focus, and has a strong track record of successfully integrating large, complex acquisitions to deliver greater value for customers.<\/p>\n

\n About Rocket Software<\/strong>\n <\/p>\n

Rocket Software is a global technology leader in modernization and a partner of choice that empowers the world\u2019s leading businesses on their modernization journeys, spanning core systems to the cloud. Trusted by over 12,500 customers and 750 partners, and with more than 3,000 global employees, Rocket Software enables customers to maximize their data, applications, and infrastructure to deliver critical services that power our modern world. Rocket Software is a privately held U.S. corporation headquartered in the Boston area with centers of excellence strategically located throughout North America, Europe, Asia and Australia. Rocket Software is a portfolio company of Bain Capital Private Equity. Follow Rocket Software on\u00a0LinkedIn<\/a>\u00a0and\u00a0X<\/a> or visit\u00a0www.RocketSoftware.com<\/a>.<\/p>\n

For media inquiries:
Lacey Darrow
ldarrow@rocketsoftware.com<\/a>\u00a0<\/p>\n

\"\"
\n
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<\/div>\n","protected":false},"excerpt":{"rendered":"

Acquisition Extends Rocket\u2019s Modernization Portfolio into High-Performance Analytics and AI WALTHAM, Mass., Feb. 02, 2026 (GLOBE NEWSWIRE) — Rocket Software, a global technology leader in modernization software, today announced it has entered into a definitive agreement to acquire the Vertica analytics database from OpenText (NASDAQ: OTEX), (TSX: OTEX). Vertica is an\u00a0enterprise-grade analytics database\u00a0platform\u00a0trusted by leading global organizations for its proven technology and industrial-strength performance for mission-critical analytical workloads. The technology sits at the center of many of today\u2019s investments and helps enterprises drive better business outcomes while balancing cloud innovation with regulatory compliance, data sovereignty, performance, and cost requirements. By adding Vertica to its portfolio, Rocket Software will extend its capabilities to support the modernization of high-performance analytics, data, and … <\/p>\n

Continue reading “Rocket Software to Acquire Vertica Analytics Database Platform from OpenText”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-933275","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nRocket Software to Acquire Vertica Analytics Database Platform from OpenText - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/rocket-software-to-acquire-vertica-analytics-database-platform-from-opentext\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Rocket Software to Acquire Vertica Analytics Database Platform from OpenText - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Acquisition Extends Rocket\u2019s Modernization Portfolio into High-Performance Analytics and AI WALTHAM, Mass., Feb. 02, 2026 (GLOBE NEWSWIRE) — Rocket Software, a global technology leader in modernization software, today announced it has entered into a definitive agreement to acquire the Vertica analytics database from OpenText (NASDAQ: OTEX), (TSX: OTEX). Vertica is an\u00a0enterprise-grade analytics database\u00a0platform\u00a0trusted by leading global organizations for its proven technology and industrial-strength performance for mission-critical analytical workloads. The technology sits at the center of many of today\u2019s investments and helps enterprises drive better business outcomes while balancing cloud innovation with regulatory compliance, data sovereignty, performance, and cost requirements. 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