• OpenText completed sale of Vertica to Rocket Software for USD 150 million in cash before taxes, fees, and other adjustments.
• Vertica software, client contracts, related services, employees transfer to Rocket Software under transaction terms.
• Net proceeds earmarked for debt reduction, sharpening focus on core businesses.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Open Text Corporation published the original content used to generate this news brief via PR Newswire (Ref. ID: 202605110845PR_NEWS_USPR_____LA55863) on May 11, 2026, and is solely responsible for the information contained therein.