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Rocket Software Acquires B.O.S. To Simplify Mainframe Modernization And Accelerate Hybrid Cloud Strategies

PRIVATESep 06, 2023

Acquiring Company

Rocket Software

Acquired Company

B.O.S

WalthamInformation TechnologySoftwareSaaSEnterprise SoftwareInformation TechnologySoftwareEnterprise SoftwareAnalyticsSaaS

Description

Rocket Software, Inc. (“Rocket Software”) a global technology leader that develops enterprise software for some of the world’s largest companies, today announced it has acquired B.O.S., a leading German-based software company that provides data integration solutions. B.O.S.’ flagship product, tcVISION, now called Rocket Data Replicate and Sync, will join Rocket Software’s portfolio of modernization products that add scale, flexibility and security to an organization’s existing infrastructure. The combination of Rocket Software’s existing solutions and B.O.S.’ technology will allow Rocket Software to offer its customers more complete solutions to their mainframe data modernization challenges. This proprietary technology means that organizations can leverage advanced tools, including machine learning and analytics engines, in cloud environments using mainframe data in real time without needing to rewrite all their applications to run on the cloud. Further, this technology makes training generative artificial intelligence (AI) models easier by leveraging a business’ mainframe data.

Quick answer

Rocket Software is acquiring B.O.S, announced September 6, 2023. Rocket Software is based in Waltham, Massachusetts, United States.

How much did Rocket Software pay for B.O.S?
The deal value was not disclosed.
What does Rocket Software do?
Rocket Software partners with the largest enterprises, in all industries, to solve their most complex IT challenges, across infrastructure, data, and applications — with solutions that simplify, not disrupt their..
Where are Rocket Software and B.O.S based?
Rocket Software is based in Waltham, Massachusetts, United States.
Who are the decision-makers at Rocket Software?
Fundz holds 1 contact at Rocket Software. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Rocket Software

Location

Waltham, Massachusetts, United States

About

Rocket Software partners with the largest enterprises, in all industries, to solve their most complex IT challenges, across infrastructure, data, and applications — with solutions that simplify, not disrupt their modernization journey. Trusted by over 10,000 customers, Rocket Software helps enterprises modernize in place with a hybrid cloud strategy, so they don’t need to re-platform or build from the ground up. The company’s 2,600 global employees work with customers to accelerate and optimize their modernization journey while meeting evolving market needs. Rocket Software is a privately held U.S. corporation headquartered in the Boston area with centers of excellence strategically located throughout North America, Europe, Asia and Australia. Rocket Software is a portfolio company of Bain Capital Private Equity. Follow Rocket Software on LinkedIn and Twitter or visit www.RocketSoftware.com.

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Frequently asked

Who acquired B.O.S?

B.O.S was acquired by Rocket Software, based in Waltham. The deal was reported on September 6, 2023. Rocket Software is privately held and operates in Information Technology.

When did Rocket Software acquire B.O.S?

Rocket Software's acquisition of B.O.S was reported on September 6, 2023. Rocket Software, Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does B.O.S do?

B.O.S. is a leading provider of data integration solutions. Headquartered in Germany, B.O.S. drives innovation with powerful, platform-independent integration technology for heterogeneous environments powered by mainframe architecture. It is privately held, operating in Information Technology.

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