Rocket software to acquire opentext's application modernization and connectivity business

Waltham, mass.--(business wire)--rocket software, inc. (“rocket software”), a global technology leader driving modernization for the world's largest companies, today announced it has signed a definitive agreement to acquire the application modernization and connectivity business (amc) of opentext (nasdaq: otex), (tsx: otex), which was formerly part of micro focus. the total purchase price is $2.275b. for decades, rocket software has been the partner solving complex it challenges for the largest.
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