Processing timeline
21
days
Filed
11 Mar 2026
Acquirer(s)
Rocket Software AMC UK Ltd UK Company number 01504593, Rocket Software, Inc. Companies’ Register of Delaware - 3506913
Target(s) or Vendor(s)
Micro Focus IP Development Limited UK Company number 07233975, Open Text Corporation 1083604-4
Other parties
ROCKET SOFTWARE PTY LTD ABN - 22 050 043 699, Bain Capital Investors LLC 3229725
Bain Capital portfolio company, Rocket Software, proposes an asset sale to acquire the Vertica Analytics Database Platform from Open Text Corporation. Rocket Software provides infrastructure and application software; Vertica offers enterprise-grade analytical database software. This transaction is in the software publishing industry.
Rocket Software, Inc.( Rocket Software ), a portfolio company of Bain Capital, proposes to acquire the Vertica Analytics Database Platform ( Vertica ) from Open Text Corporation ( Open Text ). The proposed acquisition will occur largely by way of asset sale. Rocket Software is a global provider of infrastructure and application software solutions. Rocket’s products and services focus on modernising and optimising applications on mainframe computers. Bain Capital is a private equity investment firm that invests in companies across a number of industries, including information technology, healthcare, retail and consumer products, communications, financial services and industrial/manufacturing. Vertica is an enterprise-grade analytical database software that currently forms part of Open Text. Vertica is designed for large-scale data analytics within a customer’s own IT environment.