Rocket software acquires swiss enterprise software solutions provider rsd. Rocket software acquires swiss enterprise software. Increase in proposed debt and dividend is credit negative but b2 cfr is unaffected. Ibm i playing a role in rockets ambitious growth strategy. The firms products are designed to run on mainframes, linuxunixwindows, ibm i, cloud, and hybridvirtualized systems. A total of 4 acquisitions came from private equity firms. Rocket software is a privately held software development firm founded in 1990. It strategy business technology planning rocket it. Rocket software announces investment by bain capital private. Just as rocket is about to celebrate 30 years in business, we update our cultural and business models with a renewed focus on customer centricity and the legendary impact of legacy technologies. Adding to its more than 50 acquisitions since 1990, rocket says the acquisition of. Oct 08, 2018 waltham, ma, october 8, 2018 rocket software, a global technology provider and leader in developing and delivering enterprise modernization and optimization solutions, today announced the signing of a definitive agreement for bain capital private equity to acquire a majority stake in the company. Rocket software, a bostonbased developer of enterprise infrastructure products, today announced that it has completed the acquisition of computer corporation of america of waltham, massachusetts.
Rocket software is a software development firm that offers enterprise infrastructure products and various related. Proceeds will be used to refinance existing debt, fund a distribution, and finance an acquisition, sources said. Acquisition talk a daily blog on weapon systems acquisition. Rocket software has acquired in 5 different us states, and 3 countries. Rocket is a much different company than it was nine years ago, youniss said in an interview, adding that the companys aggressive acquisition. Nasa data acquisition system software for rocket propulsion. Keeping a strong eye on the product strategy, the needs of the users and the dynamics of the technology industry, chris has driven innovation and acquisition strategy throughout his career. Johan passed the torch to me four years ago and ive been leading our acquisition strategy ever since. We fill the role that a chief information officer would provide at a fraction of the cost.
In 2015, micriums rtos kernels were acknowledged in a leading independent study to be the mostused in the industry. Based on our research and assessment of your business, we will craft a customized seo strategy thats robust but flexible. Iterative and incremental development is any combination of both iterative design or iterative method and incremental build model for development usage of the term began in software development, with a longstanding combination of the two terms iterative and incremental having been widely suggested for large development efforts. Maybe you are growing rapidly and need a technology strategy to scale well. The icluster team will be joining rocket softwares global organization of more than 900 employees and become a new brandrocket iclusterwithin the rocket storage, networks and.
Chris has driven innovation and acquisition strategy throughout his career. Far from traditional and developing technology sectors in the united states, ndas has made significant progress driving the maturity of largescale software engineering efforts at nasa and ssc. View tricia nelsons profile on linkedin, the worlds largest professional community. Apr 23, 2010 rocket software, a bostonbased developer of enterprise infrastructure products, today announced that it has completed the acquisition of computer corporation of america of waltham, massachusetts. Tricia nelson manager talent acquisition rocket software. Rumors have been swirling in recent months that rocket had put itself on the market. It also reflects the programs tailored approach to the execution of dod acquisition program. It describes the business, technical, and support strategies to manage program risks and meet program objectives.
Using industry best practices, advanced software, and our multichannel expertise, well set the. Founded in 1990, rocket software is a global development firm that builds enterprise infrastructure products for the. Revenue rocket growth strategy consulting firm for it. Rocket talks up ibm i biz in wake of restructuring it jungle.
For credit ratings that are derived exclusively from an existing credit rating of a program, series, categoryclass of debt, support provider or primary rated entity, or that replace a previously assigned provisional rating at the same rating level, moodys publishes a rating announcement on that series, categoryclass of debt or program as a whole, on the support provider or primary rated. Aug 14, 2012 rocket software has quietly built itself a comfortable position in the ibm i business. Rocket software has acquired 9 companies of its own, including 2 in the last 5 years. Rocket software, a global technology provider that develops enterprise. And were also going to be on an acquisition strategy to acquire new. Since its acquisition of seagull software in 2006, the company has added two more major players in the industry, including aldon in 2011 and icluster earlier this year. Rocket it can manage all of this work, reporting to your leadership team regularly on the status of open projects. Rocket softwarecornell johnson graduate school of management. Program acquisition strategy formulation the mitre corporation. I write about gaming and technology, giving news, insights, and more. May 14, 2008 developing a postacquisition strategy completion and beyond 1.
This acquisition strategy is to be updated through an iterative process to ensure the document reflects the current state of the program. Using industry best practices, advanced software, and our multichannel expertise, well set the groundwork for your journey to the top of the serps. Kristen is passionate about relentlessly pursuing growth in all aspects of business and life. Waltham, ma, october 8, 2018 rocket software, a global technology provider and leader in developing and delivering enterprise modernization and optimization solutions, today announced the signing of a definitive agreement for bain capital private equity to acquire a majority stake in the company. Bain capital private equity has agreed to acquire a majority stake in. An ebook reader can be a software application for use on a computer such as microsofts free reader application, or a booksized computer this is used solely as a reading device such as nuvomedias rocket ebook.
John possesses a deep skill in being able to rapidly distill, model and analyze data down to the key salient points and communicate business strategy in an effective way to rockets board of. The purpose of this acquisition strategy is to describe how the program acquisition will be executed. Rsd was established in 1973 and provides software solutions. Our first acquisition was led by our cofounder johan gedda, who saw the company through more than 20 acquisitions. T he company was founded in 1990 and is headquartered in newton, massachusetts with additional offices in california, virginia, minnesota, washington, arkansas, georgia, canada, the united kingdom, the netherlands, france, germany, australia, the.
Opinions expressed by forbes contributors are their own. Nov 29, 2012 rocket software completes acquisition of sirius software brings leading application and tools vendor back into m204 high performance database family november 29, 2012 08. Rocket software closes acquisition of computer corporation of. Formed in 1998, micrium was a small, private embedded software company. Waltham, massachusettsbased rocket software acquired perth.
Business strategy, workforce development, talent acquisition, change management, process improvement, and community outreach and engagement to help organizations and people overcome their operational and situational challenges. John carr senior director of corporate development. Rocket software, a longtime portfolio company of court square capital partners, is a software development firm that builds and services enterprise infrastructure products for oems, networks and software companies and enterprises. Rocket software completes acquisition of ibm icluster. Nts apollo wanted to avoid the typical costly enterprise client acquisition strategy through the hire of sales staff so it turned to rocket focus to help it design its online marketing strategy designed to bring in new leads at a fraction of the cost. Developing a postacquisition strategy completion and beyond.
Rocket software has quietly built itself a comfortable position in the ibm i business. Rocket software announces agreement to acquire mainstar. Rocket software acquires swiss enterprise software solutions. Rocket software completes acquisition of trubiquity. The acquisition of the shadow business has been a key component of our strategy for enabling mainframe modernization. Since 1965, computer corporation of america has designed. Sep 21, 2016 proceeds will be used to refinance existing debt, fund a distribution, and finance an acquisition, sources said. Rocket strategy was founded by kristen proctor, a dynamic growth leader and consultant for startups and fortune 100 brands across multiple industries and business structures kristen is passionate about relentlessly pursuing growth in all aspects of business and life. Rocket software acquires walthams cca boston business journal. In the past, chris was vice president of strategy, technology, and business development for avaya client services, and a range of positions at ibm. The new brandrocket iclusterwill be lodged within the rocket storage, networks and compliance group. Join us as we celebrate 30 legendary years rocket software. The strategy guides acquisition program execution across the entire program or system life cycle. Rocket software reveals multivalue roadmap after d3.
The second milestone was the companys acquisition in the fall of 2016. Rocket software is currently owned by court square capital partners. In this episode of the acquisition talk podcast, i speak with richard dunn about commercial contracting, and in particular, other transactions authority otas. This event launches the start of our chapter 4 vision for rocket software. Bain capital to buy majority stake in rocket software pe hub. Financial terms of the acquisition were not disclosed. Rocket software announces investment by bain capital.
Rocket software acquires walthams cca boston business. Rocket has business and technology partnerships with ibm, emc. He is startups wont scale in defense without budget flexibility. Andy youniss has been the guiding force behind rocket software since he cofounded the company in 1990. The acquisitions will continue over the next several years, as rocket aims to. Moodys investors service 29 sep 2017 credit opinion rocket software, inc. Rocket software extends mainframe commitment with rsd. Securing that result gave the company a huge talking point and also documented the companys leadership claims. Completion and beyond case studies, concepts, and debatable ideas kenny ong cni holdings berhad my. Rocket software closes acquisition of computer corporation. Rocket software completes acquisition of sirius software. The acquisition strategy is a comprehensive, integrated plan developed as part of acquisition planning activities. Rocket software mergers and acquisitions summary mergr.
Revenue rocket is a growth strategy consulting firm specializing in buy and sell side mergers and acquisitions, and growth strategies for it service firms. Over the last 25 years rocket software has grown both organically and through acquisitions. Rocket software inc tender offer acquisition statement sc tot. An effective website is the perfect marriage of content strategy, design and development. Rocket league community figures share their hopes for. She hasnt met a problem she couldnt solve yet and brings a unique perspective to business challenges. Because its not just important to look good, but work good as well. Rocket software completes acquisition of sirius software brings leading application and tools vendor back into m204 high performance database family november 29, 2012 08. Oct 08, 2018 rocket is a much different company than it was nine years ago, youniss said in an interview, adding that the companys aggressive acquisition strategy will only accelerate under bain. The company had a solid base of customers but wanted to grow, meaning it needed to position itself effectively against competitors and broaden its visibility within the industry.
Moodys affirms rocket softwares b2 cfr after acquisition announcement. Rocket strategy was founded by kristen proctor, a dynamic growth leader and consultant for startups and fortune 100 brands across multiple industries and business structures. Previous story finova financial receives strategic investment from polymath. The company is owned by management and private equity firm court square capital partners. Rocket develops products in such fields as analytics, networks, data, storage, and enterprise software. David norfolk, philip howard and fran howarth rocket software is a privatelyheld company and a leading global developer of software solutions, particularly in the mainframe space, that maximise the business value obtained from the investments in it made by large corporations and government agencies. Rocket software reveals multivalue roadmap after d3 acquisition. Large firm consulting experience in both government and commercial sectors.
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