Vertica Acquired by Rocket Software — Technology M&A

Rocket Software has acquired Vertica, a enterprise software business in the US, for $150 million. Vertica provides analytics and data warehousing software for enterprises, supporting high-performance SQL and large-scale data management. Rocket Software acquisitions focus on expanding its database and analytics portfolio, strengthening technology M&A capabilities in enterprise software. The Rocket Software acquisitions are structured as an add on acquisition and are backed by private equity, with deal value reported around $80 million to $150 million. The announced Vertica acquisition is expected to close subject to customary conditions, aligning with Rocket Software’s bolt-on strategy to grow through technology M&A.