Micro Focus: Rocket Software Completes $2.275 Billion Acquisition of OpenText's Application Modernization And Connectivity Business

Rocket Software, a global technology leader in modernization software, announced the closing of the acquisition of the Application Modernization and Connectivity (AMC) business of OpenText (formerly part of Micro Focus). Rocket Software now offers customers modernization software solutions spanning the mainframe to the cloud. With a total purchase price of $2.275 billion (before taxes, fees, and other adjustments), the deal increases the company's revenue by over 60% and expands its customer base to 12,500+ companies and network to 750+ partners worldwide. The post Rocket Software Completes $2.275 Billion Acquisition of OpenText's Application Modernization And Connectivity Business appeared first on Pulse 2.0.