M&A Deal Summary |
|
|---|---|
| Date | 2024-05-01 |
| Target | OpenText - Application Modernization & Connectivity Business |
| Sector | Software |
| Buyer(s) | Rocket Software |
| Sellers(s) | OpenText |
| Deal Type | Divestiture |
| Deal Value | 2.3B USD |
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Rocket Software is a global software development firm that builds and services Enterprise Infrastructure products for the world’s leading OEMs, networks and software companies and enterprises. Rocket Software’s solutions make it easier to unlock the business logic and data inside host-based systems to help speed digital transformation projects and help companies compete more effectively. IT departments streamline their daily operations using the automation and optimization capabilities offered by Rocket Software to get more out of existing resources and free staff to focus on efforts that drive new revenue. Founded in 1990, Rocket is based in Waltham, Massachusetts with locations in Europe, Asia, and Australia.
| DEAL STATS | # |
|---|---|
| Overall | 16 of 16 |
| Sector (Software) | 12 of 12 |
| Type (Divestiture) | 4 of 4 |
| State (Ontario) | 1 of 1 |
| Country (Canada) | 1 of 1 |
| Year (2024) | 1 of 1 |
| Size (of disclosed) | 1 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-09-06 |
B.O.S.
Munich, Germany B.O.S. is a provider of data integration solutions. B.O.S. drives innovation with integration technology for heterogeneous environments powered by mainframe architecture. The company helps enterprise customers and government agencies create synergies between their mainframe and emerging technologies like Cloud and Big Data. B.O.S. is based in Munich, Germany. |
Buy | - |
OpenText is an independent software provider of enterprise information management (EIM). Open Text was founded in 1991 and is based in Waterloo, Canada.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector (Software) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| State (Ontario) | 1 of 1 |
| Country (Canada) | 1 of 1 |
| Year (2024) | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-08-23 |
KineMatik
Cork, Ireland KineMatik provides workflow automation, document change control, project management and electronic lab notebook (ELN) solutions built on Opentext's content server. KineMatik was founded in 1999 and is based in Cork, Ireland. |
Buy | - |
