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.
Key Points
- 1Sells Vertica for US$150 million, transferring software, customer contracts, services and employees.
- 2Refocuses OpenText on core products and securing enterprise AI data, aiming to boost long-term growth.
- 3Expect customers to reassess support and integration roadmaps under Rocket Software's ownership and strategy.
Scoring Rationale
Official acquisition clarifies corporate strategy and affects analytics customers; limited novelty and primarily niche technical impact.
Sources
Public references used for this report.
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