M&A Deal Summary

Rocket Software Acquires ActiveOps - ConnectiQ & WebConnect Business

On October 20, 2020, Rocket Software acquired internet software and services company ActiveOps - ConnectiQ & WebConnect Business from ActiveOps

Acquisition Highlights
  • This is Rocket Software’s 1st transaction in the Internet Software and Services sector.
  • This is Rocket Software’s 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2020-10-20
Target ActiveOps - ConnectiQ & WebConnect Business
Sector Internet Software and Services
Buyer(s) Rocket Software
Sellers(s) ActiveOps
Deal Type Divestiture

Target

ActiveOps - ConnectiQ & WebConnect Business

Reading, United Kingdom
ActiveOps' ConnectiQ & WebConnect Business provides mainframe Robotic Process Automation (RPA) and mainframe terminal emulation.

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Buyer(S) 1

Buyer

Rocket Software

Waltham, Massachusetts, United States

Category Company
Founded 1990
Sector Software
DESCRIPTION

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. Rocket Software was founded in 1990 and is based in Waltham, Massachusetts.


DEAL STATS #
Overall 10 of 16
Sector: Internet Software and Services M&A 1 of 1
Type: Divestiture M&A Deals 2 of 4
Country: United Kingdom M&A 1 of 1
Year: 2020 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-09-09 RSD SA

Geneva, Switzerland

RSD SA is a provider of document management software systems for enterprises and offers solutions for report management and document classification running on Z/OS, UNIX and Windows servers (multiplatform solution). RSD was founded in 1973 and is based in Geneva, Switzerland

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-02-03 Uniface

Amsterdam, Netherlands

Uniface is a provider of model-driven, low-code application development and deployment software. Uniface was founded in 1984 and is based in Amsterdam, Netherlands.

Buy -

Seller(S) 1

SELLER

ActiveOps

Reading, United Kingdom

Category Company
Founded 2004
Sector Internet Software and Services
Employees190
Revenue 27M GBP (2024)
DESCRIPTION

ActiveOps is a cloud-based back office workforce optimisation software company. ActiveOps was founded in 2004 and is based in Reading, England.


DEAL STATS #
Overall 1 of 1
Sector: Internet Software and Services M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: United Kingdom M&A 1 of 1
Year: 2020 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-08-01 OpenConnect

Dallas, Texas, United States

OpenConnect, Inc. is a provider of workforce and process analytics for automation solutions. Robust work, task and process analytics, documentation, and design is critical in determining what to automate and how the automation occurs. OpenConnect, Inc. was founded in 1982 and is based in Dallas, Texas.

Buy -