OpenText to Divest Vertica for $150M to Focus on Core Cloud Products.
ByAinvest
Monday, Feb 2, 2026 9:10 am ET1min read
OTEX--
OpenText has agreed to divest Vertica, a part of its Analytics portfolio, to Rocket Software for $150 million in cash. The move is part of OpenText's strategic plan to focus on core products and expertise in secure data for Enterprise AI and cloud solutions. The transaction is expected to help OpenText continue its growth in secure information management for AI.
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