A research-backed strategic vision not only instills confidence in stakeholders but also contributes to the long-term success of the acquisition.

Thorough research is vital before finalizing any acquisition, particularly in assessing technology integrations and market impact to maintain competitiveness.

Following the acquisition, Rocket Software expanded its partner network to over 750 partners, enhancing its capacity to meet diverse customer needs and support modernization efforts.

In May 2024, Rocket Software completed a significant acquisition of OpenText's Application Modernization and Connectivity Business for $2.275 billion, which added over 770 employees and expanded its global customer base to more than 12,500.

This acquisition is part of Rocket Software's strategy to build a comprehensive portfolio of modernization solutions, supporting customers from mainframe to hybrid cloud.

Milan Shetti, President and CEO of Rocket Software, underscores the complexity of mergers and acquisitions in the tech sector, emphasizing the need for a clear strategic vision and alignment.

Successful acquisitions require meticulous planning, due diligence, and alignment of strategic vision, customer needs, and operational cultures.

Leaders must evaluate the cultural and operational fit of potential acquisitions to ensure effective integration, as evidenced by Rocket's successful acquisition of AMC, which was driven by shared values of innovation and customer focus.

Prioritizing customer and partner benefits during acquisitions is crucial for fostering growth and maintaining strong relationships, which can be achieved through transparency and communication.

The tech industry has seen notable acquisitions in 2024, including HPE's acquisition of Juniper Networks and Cisco's purchase of Splunk, highlighting a trend of consolidation in the sector.