Full-Time
Posted on 9/1/2025
Modernizes IBM legacy systems with software
No salary listed
Remote in UK
Remote
Rocket Software helps large organizations keep their older IBM-based systems running while adding modern capabilities. It provides software and services that modernize legacy environments, especially IBM i and IBM Z, through application modernization, process automation, data management, and DevOps. Customers typically buy software licenses or subscribe to services and pay for consulting and support. The products work by integrating with existing mainframe and midrange systems to improve performance, security, and functionality while enabling automation and better data handling. What sets Rocket Software apart is its focused specialization in IBM platforms and legacy systems, offering a broad mix of licenses, subscriptions, and professional services to extend the life of critical infrastructure and reduce operational risk. The company aims to help clients stay competitive by modernizing their core IT, lowering risk, and improving efficiency without replacing their established systems.
Company Size
1,001-5,000
Company Stage
Debt Financing
Total Funding
$2.4B
Headquarters
Waltham, Massachusetts
Founded
1990
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Health Insurance
Life Insurance
Disability Insurance
Unlimited Paid Time Off
401(k) Retirement Plan
401(k) Company Match
Professional Development Budget
Conference Attendance Budget
Rocket Software to acquire Vertica analytics database platform. Rocket Software has agreed to acquire Vertica, an enterprise-grade analytics database platform, from OpenText. Vertica's technology is designed to help enterprises drive better business outcomes while balancing cloud innovation with regulatory compliance, data sovereignty, performance and cost requirements. Adding Vertica to its portfolio will allow Rocket to extend its capabilities to support the modernization of high-performance analytics, data and AI, particularly for customers with demanding IT environments, officials said. Rocket Software has experience running mission-critical data platforms, including Rocket MultiValue databases that power daily retail and healthcare operations, Rocket Model 204 for high-volume mainframe transaction processing, and Rocket ContentEdge for governance-first, AI-enabled large-scale content modernization. The Vertica acquisition will accelerate Rocket Software's ability to help customers not only modernize core systems and data but also run next-generation analytics and GenAI directly on that trusted data. Vertica supports cloud, on-premises and hybrid deployments, combined with AI/ML capabilities, officials said. "The surge in AI investment has heightened both the importance and the difficulty of turning data into real business value," said Milan Shetti, president and CEO of Rocket Software. "With Vertica, we're addressing the next wave of modernization challenges: transforming data warehouses, repatriating analytics workloads and enabling AI-driven decision-making so customers can handle their most data-intensive workloads and accelerate modernization." Rocket intends to fund the acquisition with cash from its balance sheet. The transaction is expected to close by mid-year and is subject to applicable regulatory approvals and other customary closing conditions.
Open Text Corporation (NASDAQ: OTEX), (TSX: OTEX), a global leader in secure information management for AI, today announced that it has reached a definitive agreement to divest Vertica, a part of its non-core Analytics portfolio, to Rocket Software Inc., a Bain Capital portfolio company ("Rocket Software") for US$150 million in cash, before taxes, fees and other adjustments. "We are executing on our strategic plan, focusing on our core product offerings, our expertise in secure data for Enterprise AI, and cloud solutions that provide strategic choice and flexibility for our customers," said P. Thomas Jenkins, OpenText Executive Chairman of the Board and Chief Strategy Officer. "By rationalizing non-core assets, we are strengthening the portfolio, reinforcing our capital allocation framework, and positioning OpenText to accelerate long-term growth and shareholder value." Vertica is part of OpenText's Analytics product group. In OpenText's fiscal year ended June 30, 2025, Vertica
Rocket Software has launched Rocket ContentEdge, a solution enabling secure, governed access to unstructured data across hybrid environments without disrupting existing operations. The platform addresses organisations' challenges in applying AI to operational content whilst maintaining compliance and privacy protocols. ContentEdge connects to existing data sources and honours compliance policies, allowing teams to leverage GenAI for analytics without moving data or compromising security. Key features include built-in redaction, native integrations with platforms including SAP, Salesforce and Microsoft Azure, and the ability to merge unstructured information into structured data analytics solutions. The solution supports use cases such as contract analysis, AI-driven data extraction and secure web-based access across mainframe, distributed and cloud systems. Rocket Software serves over 12,500 customers globally.
Additionally, Rocket Software is partnering with Apprenticely, a nonprofit dedicated to growing Arkansas's workforce through registered apprenticeship, to provide participants with industry-recognized certifications that strengthen career pathways.
Rocket Software, a global technology leader in modernization software, today announced groundbreaking innovations to its COBOL solutions, designed to help businesses update COBOL applications without disrupting ongoing operations or compromising application reliability.