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

Rocket Software has finalized its acquisition of Vertica, an enterprise analytics database platform, from OpenText. This move enhances Rocket Software's modernization strategy by integrating high-performance analytics and AI with core systems, helping enterprises unlock more value from their data. Vertica brings over 600 customers and 170 employees to Rocket, expanding its global reach. The acquisition supports diverse deployment environments and strengthens Rocket's data platform, promising faster innovation and improved customer outcomes in modernization and AI adoption.