International law firm Bird & Bird advised privately held software company Rocket Software, Inc. on the acquisition of the Application Modernization and Connectivity ("AMC") business of Open Text, formerly part of MicroFocus.
Bird & Bird advised Rocket Software on the transaction in 27 jurisdictions predominantly in Europe and Asia (Belgium, Bulgaria, Finland, France, Germany, Ireland, Israel, Italy, the Netherlands, Norway, Poland, Portugal, Romania, Spain, Switzerland, Sweden, United Kingdom, South Africa, Brazil, Costa Rica, Puerto Rico, Australia, Hong Kong, India, Japan, Malaysia, Singapore) through its own lawyers and commissioned partner law firms. The focus was on supporting European aspects of the purchase agreement at the end of 2023 and then on the transfer of AMC employees after the agreement was reached.
The acquisition agreement was signed at the end of November 2023 and closed on May 1, 2024.
Rocket Software has decades of experience in solving complex IT challenges for the largest and most innovative companies. With the acquisition of the AMC business, Rocket Software now offers its customers modernisation software solutions that span from the mainframe to the cloud and has built a more diverse portfolio that closely aligns with customer needs.
Inhouse Law: Matthew L. Vittiglio (associate General Counsel, Waltham (United States))
Law firms in Norway, Portugal, South Africa, Switzerland, Brazil, Costa Rica, Puerto Rico and Malaysia were also commissioned.