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 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.
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 ...
OpenText (NasdaqGS:OTEX) has agreed to divest its Vertica analytics business to Rocket Software. The company plans to use the sale proceeds to reduce debt. Ayman Antoun has been appointed as the new ...
Open Text Corporation (NASDAQ:OTEX) is included among the 7 Best Non-REIT Dividend Stocks to Invest in. Open Text Corporation (NASDAQ:OTEX) develops software that helps large organizations manage ...
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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.
OpenText Corp. says it is selling its analytics database Vertica to Rocket Software Inc. for US$150 million. Waterloo, Ont.-based OpenText says the sale includes Vertica’s software, customer contracts ...
Open Text, with 120,000 enterprise customers, expanded its TAM to $200 billion through AI and cloud growth, including the $5.8 billion Micro Focus acquisition. Gross margins at 77.3% and adjusted ...
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