Rocket Software completes Vertica acquisition from OpenText
Thu, 14th May 2026 (Today)
Rocket Software has completed its acquisition of analytics database business Vertica from OpenText, adding more than 600 customers and 170 employees.
The deal expands Rocket's data and analytics portfolio as it targets businesses updating core systems and changing how they run analytics workloads. Vertica will sit alongside existing data products including DataEdge and ContentEdge.
Portfolio expansion
Vertica is an analytics database used for data warehousing and analytical workloads. The business is intended to support customers that want to run analytics and artificial intelligence tools across cloud, on-premises and hybrid environments.
The move follows Rocket's earlier purchase of OpenText's Application Modernization & Connectivity business, which it integrated into its portfolio in 2024. That deal gave Rocket an existing relationship with parts of the OpenText software estate as it expands further into data modernisation.
Rocket has built its business around software that helps large organisations maintain and update long-running enterprise systems. Adding Vertica broadens its offering beyond application and infrastructure modernisation into analytics and data warehousing.
Deployment flexibility
For enterprise software buyers, data location and deployment flexibility have become more important as companies weigh cloud costs, compliance obligations and workload performance. Vertica's support for cloud, on-premises and hybrid deployment models is intended to give customers more choice in managing those trade-offs.
Milan Shetti, President and Chief Executive Officer of Rocket Software, said the acquisition fits the company's broader plan for customers handling large volumes of operational data on established systems.
"For more than 35 years, Rocket Software has been the modernization partner of choice for global Fortune 500 companies," said Milan Shetti, President and Chief Executive Officer, Rocket Software.
"With Vertica, Rocket is advancing the next phase of modernization by enabling customers to unlock the power of their enterprise data. Together, we can deliver a truly end-to-end modernization experience from mission-critical systems to advanced analytics and AI while maintaining stability, performance, and trust."
Analytics demand
Industry analysts have pointed to growing demand from companies seeking to derive more value from data held in older operational estates without fully replacing underlying systems. That has created opportunities for vendors that can connect analytics products with existing enterprise platforms.
"Rocket's continued investments in data, AI, and analytics show a deep understanding of how modernization is evolving," said Devin Pratt, Research Director, Data Management, IDC.
"Vertica strengthens Rocket's ability to support enterprises working to modernize their core systems, repatriate analytics workloads, and accelerate AI adoption. This acquisition brings together complementary strengths for organizations seeking to transform data into real business value."
Rocket said the combination would allow customers to run advanced analytics and generative AI tools on trusted data sources while keeping core systems in place. Tighter integration with its wider portfolio is also expected to support organisations seeking a single supplier across application modernisation, connectivity, data governance and analytics.
Market position
Vertica has long been known in the analytics database market for handling large-scale analytical queries and data warehouse workloads. Under Rocket, the product is expected to become part of a broader pitch to customers looking to update legacy technology estates while preserving access to existing data and applications.
Rocket remains privately held and is backed by Bain Capital Private Equity. It says it serves more than 12,500 customers through a global workforce of more than 3,000 employees and a network of 750 partners.
The addition of 170 Vertica employees expands the technical capabilities and customer base Rocket gains through the transaction. It also gives the company a larger footprint in a market where software suppliers are trying to connect data management, analytics and AI tools more closely with long-established enterprise systems.