Rocket Software Expands Through Acquisition of OpenText’s Application Modernization and Connectivity Business

Rocket Software, a global technology leader in modernization software, has completed the acquisition of OpenText’s Application Modernization and Connectivity (AMC) business, formerly part of Micro Focus. With a purchase price of $2.275 billion, Rocket Software significantly increases its revenue by over 60% and expands its customer base to more than 12,500 companies globally, with a network of over 750 partners. This strategic move solidifies Rocket Software’s position as a key partner in empowering businesses on their modernization journeys, offering modernization software solutions spanning from mainframe to cloud environments.
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