Rocket Software, a global technology leader in modernization software, has completed the acquisition of OpenText's Application Modernization and Connectivity (AMC) business, formerly part of Micro Focus. With a purchase price of $2.275 billion, Rocket Software significantly increases its revenue by over 60% and expands its customer base to more than 12,500 companies globally, with a network of over 750 partners. This strategic move solidifies Rocket Software's position as a key partner in empowering businesses on their modernization journeys, offering modernization software solutions spanning from mainframe to cloud environments.
Through this acquisition, Rocket Software gains access to over 770 new software engineers and go-to-market professionals, further enhancing its capabilities to meet the evolving needs of its customers. With an unyielding commitment to innovation and customer satisfaction, Rocket Software aims to deliver unparalleled value by integrating and developing AMC products to enhance its portfolio. This strategic alignment allows Rocket Software to offer a comprehensive range of solutions for mainframe modernization, application development, and connectivity, enabling customers to optimize their data, applications, and infrastructure regardless of their modernization strategy. With a focus on customer-centricity and technological innovation, Rocket Software continues to drive forward as a trusted partner for businesses worldwide.
