The Deal Register
Database › Debt financing › OpenText Completes US$150 Million Divestiture of Non-Core Vertica to…

Debt financing

OpenText Completes US$150 Million Divestiture of Non-Core Vertica to Rocket Software

Lane
Debt financing
Announced
11 May 2026
Province
Ontario
Industry
Technology
Status
Announced
What the filing says
Open Text™ Corporation (NASDAQ/TSX: OTEX ), a global leader in data management for enterprise AI, today announced the completion of its divestiture of Vertica to Rocket Software Inc., a Bain Capital portfolio company, for US$150 million in cash before taxes, fees, and other adjustments.
Releases (2)
  • 02 Feb 2026 — OpenText to Divest Vertica for US$150 million
  • 11 May 2026 — OpenText Completes US$150 Million Divestiture of Non-Core Vertica to Rocket Software
Source

The terms are in the subscriber edition

This transaction carries the consideration and 1 officer and advisor credit.

Subscribe

Compiled from public filings, court documents, exchange bulletins and issuer releases. Figures are as disclosed and are not independently verified.

Not financial, investment, legal or tax advice, and not an offer to buy or sell any security. Verify everything before you transact.

The Deal Register · Archive · Subscribe