Open Text Corp has agreed to divest Vertica, an enterprise-grade analytics database platform, to Rocket Software, a Bain Capital portfolio company. The sales price is $150 million in cash. The deal is ...
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 ...
Open Text Corporation (NASDAQ: OTEX), (TSX: OTEX), a global leader in secure information management for AI, today announced that it has reached a definitive agreement to divest Vertica, a part of its ...
Open Text is selling part of its non-core analytics portfolio to Rocket Software for $150 million in cash, funds it plans to use to pay down debt.
The Canadian Press on MSN
OpenText selling analytics database Vertica to Rocket Software for US$150M
OpenText Corp. says it is selling its analytics database Vertica to Rocket Software Inc. for US$150 million.
Opinion
Rocket Software Announces Intent to Acquire Vertica Analytics Database Solution from OpenText
Rocket Software, a global technology leader in modernization software, announced it is entering into a definitive agreement to acquire the Vertica analytics database from OpenText.
Rocket ContentEdge is the evolution of Rocket Software’s Content Services portfolio. It’s designed to help organizations unlock value from unstructured data and accelerate data modernization across ...
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