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Rocket Software completes acquisition of Vertica to boost analytics and AI in modernization.

Company Fundamentals
11 May 2026
GlobeNewsWire
View Source
Bullish
pluang ai news

Rocket Software has finalized its acquisition of Vertica, an advanced analytics database platform, from OpenText. This move enhances Rocket's modernization offerings by integrating high-performance analytics and AI capabilities with core system modernization, enabling enterprises to leverage trusted data for innovation. The acquisition adds over 600 customers and 170 employees to Rocket, expanding its global reach and strengthening its data portfolio across cloud and hybrid environments. This strategic step supports Rocket's goal to deliver comprehensive modernization solutions that combine stability, performance, and AI-driven insights for business value.

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