OpenText Completes $150 Million Divestiture of Vertica to Rocket Software

OpenText has completed a $150 million cash divestiture of its non-core structured data analytics platform, Vertica, to Rocket Software. The transaction aligns with OpenText's strategy to focus on core businesses and optimize capital allocation by reducing debt.

By Open Text Corporation · PR Newswire · May 11, 2026, 12:45 UTC

Topics: capital allocation divestiture structured data analytics

Read the full article at PR Newswire

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