Operating Company Software

Rocket Software

Waltham, Massachusetts, United States

Global technology company helping organizations transform their IT from core systems to the cloud, with solutions across data, applications, and infrastructure for legacy platform modernization (e.g., mainframe). Privately held and backed by Bain Capital Private Equity.

Focus Areas
Mainframe modernization software, Host connectivity and integration, COBOL and enterprise application tooling

Tracked deals

3

3 tracked deals across 2023-2026.

Recent pace

1

1 tracked deal announced in the last 12 months.

Deal mix

Divestiture

2 divestiture · 1 buyout

Rocket Software Acquisition Volume by Year

Last 3 years

Acquisition volume by year Annual acquisition counts for the last 3 years for Rocket Software. 1 2023 1 2024 ~1 est. 1 2026
Actual Full-year estimate

Supporting Data

Recent Transactions

  • OpenText to Divest Vertica to Rocket Software for $150 Million
    February 2, 2026
    Buyer
    Rocket Software Inc.
    Target
    Vertica
    Seller
    OpenText Corporation
    Industry
    Data & Analytics
    Location
    United States
    Type
    Divestiture

    OpenText has reached a definitive agreement to divest Vertica, its non-core analytics portfolio unit, to Rocket Software for US$150 million in cash. The Vertica software, customer contracts, and associated services and employees will transfer to Rocket Software, with closing expected during OpenText’s fiscal year 2026 subject to customary approvals and conditions.

  • Rocket Software Acquires OpenText's Application Modernization and Connectivity Business
    May 7, 2024
    Buyer
    Rocket Software
    Target
    OpenText Application Modernization and Connectivity (AMC) business
    Seller
    OpenText
    Industry
    Software
    Location
    Ontario, Canada
    Type
    Divestiture

    Rocket Software has completed the acquisition of OpenText's Application Modernization and Connectivity (AMC) business for $2.275 billion. The deal — a divestiture from OpenText — adds 770+ engineers and go-to-market staff, increases Rocket's revenue by over 60%, and expands its customer base to 12,500+ companies and 750+ partners worldwide.

  • Rocket Software Acquires Key Resources, Inc. (KRI)
    March 1, 2023
    Buyer
    Rocket Software, Inc.
    Target
    Key Resources, Inc. (KRI)
    Industry
    Cybersecurity
    Location
    Illinois, United States
    Type
    Buyout

    Rocket Software, a Boston-area enterprise software company, has acquired Key Resources, Inc. (KRI), a mainframe security and vulnerability identification specialist founded in 1988. The acquisition expands Rocket's mainframe security capabilities and adds KRI's products and consulting expertise to Rocket's portfolio to help customers address mainframe security, compliance, and hybrid-cloud modernization needs.

Related Acquisition Pages

Cybersecurity Buyers & Acquisitions 1 tracked deal by Rocket Software. Data & Analytics Buyers & Acquisitions 1 tracked deal by Rocket Software. Software Buyers & Acquisitions 1 tracked deal by Rocket Software. Acquisitions in Illinois 1 tracked deal by Rocket Software.

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