Rocket Software, Inc.

Rocket Software, Inc. is a privately held enterprise software development company headquartered in Waltham, Massachusetts, USA. Founded in 1990, the company's core business revolves around empowering organizations on their IT modernization journeys, specializing in solutions that optimize critical IT infrastructure across on-premises, hybrid, and cloud environments. Its mission is to help businesses solve complex IT challenges by maximizing their data, applications, and infrastructure without disruption.

Rocket Software offers a comprehensive suite of products and services, including data integration, application modernization tools, security and compliance solutions, hybrid cloud connectivity, workflow automation, and data management platforms. The company provides specialized tools for mainframe security and vulnerability management, with a strong focus on systems such as IBM Z, IBM i, and MultiValue platforms. Rocket Software serves a diverse range of market segments, including financial services, banking, healthcare, government, insurance, aerospace, automotive manufacturing, and retail, catering to over 12,500 customers globally, including 43 of the Fortune 50 companies.

Under the leadership of President and CEO Milan Shetti, Rocket Software continues to expand its market presence and product portfolio. In November 2023, the company acquired OpenText's Application Modernization and Connectivity (AMC) business for $2.28 billion, a deal that closed in May 2024, significantly boosting its revenue and customer base. More recently, in February 2026, Rocket Software entered into an agreement to acquire Vertica Systems, Inc. from Open Text Corporation for $150 million, with the transaction expected to close in fiscal year 2026. The company has also introduced innovative solutions like Rocket® EVA™ for conversational AI in operational systems and Rocket ContentEdge, leveraging GenAI for unstructured data. Rocket Software has received industry recognition, including a Bronze Merit Award for Technology in 2023 and being named Insider Threat Detection Platform of the Year in the same year, followed by an Intellyx Digital Innovator Award and inclusion in DBTA's Top 100 Companies That Matter Most in Data in 2024.