OpenText Sells Vertica Database To Rocket Software
OpenText Corp. says on Feb. 2, 2026 that it is selling its analytics database Vertica to Rocket Software for US$150 million. The sale includes Vertica software, customer contracts, services and employees, and is expected to close this fiscal year subject to approvals. OpenText says the deal will allow it to focus on core products and securing data for enterprise AI.
Scoring Rationale
Official acquisition clarifies corporate strategy and affects analytics customers; limited novelty and primarily niche technical impact.
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Sources
- Read OriginalOpenText selling analytics database Vertica to Rocket Software for US$150Mwinnipegfreepress.com
- Read OriginalOpenText sells analytics database Vertica to pay down debtbetakit.com
