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Rocket Software Acquires Zumasys Database and Tools Products
Friday 15 October 2021

Massachusetts, US-based software developer Rocket Software has acquired California-based database and tools products of Zumasys, Inc., a provider of MultiValue database software also known as PICK, the company said.

Terms of the transaction were not disclosed.

Rocket will acquire and take on the future innovation of AccuTerm, jBASE, MVConnect, MV Dashboard, and OpenQM.

As part of the deal, Zumasys will become Rocket's first MV Modernisation Partner, expanding its practice of acquiring MultiValue independent software vendors to modernise and market their applications.

The acquisition allows Rocket to innovate at scale, not only to protect the investment enterprises have made in MultiValue products but also to future-proof the entire MultiValue ecosystem.

Rocket Software will now leverage its large and multinational R and D team to develop and distribute the products as part of Rocket's Database and Connectivity business unit.

The products will be supported by developers, quality assurance engineers, and user experience designers from around the globe, including more than a dozen Zumasys employees who support and maintain these products who will now transition to Rocket.

Rocket is a portfolio company of Bain Capital Private Equity.
Details
Date Published: 15/10/2021

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