Rocket Software – Vertica
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.
- Status
- Assessment completed
- ACCC determination
- Approved
- Stage
- Phase 1 - initial assessment
- Notified
- 11 March 2026
- Determination published
- 1 April 2026
Acquirers
- Rocket Software AMC UK Ltd
- Rocket Software, Inc.
Targets
- Micro Focus IP Development Limited
- Open Text Corporation