Open Text Corp  (OTEX)
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Open Text's



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Rocket Software Rockets Ahead with Game-Changing Acquisition, Sets Sights on Technology Dominance

In a major development that reinforces its position as a global technology leader, Rocket Software, Inc. has announced its definitive agreement to acquire the Application Modernization and Connectivity business (AMC) of OpenText, formerly part of Micro Focus. The deal, valued at $2.275 billion, marks Rocket Software's commitment to driving modernization for the world's largest companies. This article will outline the key facts and assess the potential impact of this acquisition on Rocket Software.
Rocket Software's Transformational Move:
Rocket Software has built a solid reputation as a reliable partner in solving complex IT challenges for large enterprises. By acquiring OpenText's AMC busi...

Who are Open Text Corp's Competitors?

Elastic N v
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Elastic N v

is a data analytics company built on the power of search

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Market Cap. Revenues TTM Net Income TTM
$ 12,948.894 mill. $ 1,158.306 mill. $ -192.609 mill.


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