Rocket Software Completes U2 Acquisition
Newton, MA - 1 October 2009:
Rocket Software, a global developer of Enterprise Infrastructure products, today announced that it has purchased the UniData and UniVerse and related tools business from IBM.
Andy Youniss, President and CEO of Rocket Software said, “We are privileged to bring the U2 employees, products, partners, and customers onto our platform. We see this as a great opportunity to help grow the U2 product line and to expand its global reach. The acquisition is a natural fit for us – we have deep expertise in database management software and it strengthens our 15-year relationship with IBM. Our goal is to make this transfer of U2 assets from IBM to Rocket as seamless as possible for our partners and customers.”
According to Business Unit Executive Susie Siegesmund, who now oversees the U2 business for Rocket, “the people with whom you have been working will continue to be your primary contacts, and the number you call for support remains the same. No pricing changes are planned, and – most importantly – the development team will remain focused on the existing product delivery schedule. We’re very excited about our plans for future growth as a Rocket brand.”
About Rocket Software
Rocket Software (www.rocketsoftware.com) is a global software development firm that builds and services Enterprise Infrastructure products for the world’s leading OEMs, networks and software companies and enterprises. The company’s current lines of business complement and extend strategic OEM offerings in the areas of database, business intelligence, storage, networks and telecom, terminal emulation and FTP, integration, modernization and SOA, and security. Rocket is engaged in business and technology partnerships with IBM, EMC/RSA, HP/EDS, Nortel, Motorola, and many others. Rocket Software is based in Newton, Massachusetts.
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