#rocketsoftware

Rocket Software, a leading global technology company that specializes in modernization solutions for large enterprises, announced that it has reached a final agreement to buy OpenText, a former Micro Focus division, for $2.275 billion in order to acquire the Application Modernization and Connectivity business (AMC).

For many years, some of the biggest and most creative companies in the world have relied on Rocket Software as a partner to handle complex IT problems including infrastructure, data, and applications. With the help of the company's hybrid cloud strategy, clients may maximize the range of applications they use throughout the modernization process, taking use of the robust analytics capabilities in the cloud and the security and dependability of mainframes.

Leading application modernization company AMC offers industry-best tools like host connectivity and COBOL, which let businesses run applications anywhere they want and use core applications in a flexible way. By acquiring AMC, Rocket Software hopes to expand the range of modernization solutions it offers in order to better meet customer needs, whether they are for on-premises or hybrid cloud solutions.