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Rocket Software to Acquire OpenText s Application Modernization and Connectivity Business

Rocket Software, Inc. (“Rocket Software”), a global technology leader driving modernization for the world’s largest companies, today announced it has signed a definitive agreement to acquire the Application Modernization and Connectivity business (AMC) of OpenText (NASDAQ: OTEX), (TSX: OTEX), which was formerly part of Micro Focus.

Rocket Software in Waltham expanding with $2 billion deal

While many corporate IT departments have moved to cloud computing, Rocket remains focused on catering to big banks, health care systems, and others still relying on older style mainframe computers.

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