Kirkland & Ellis advised Rocket Software, a Bain Capital Private Equity portfolio company and global technology leader in modernization software, on its definitive agreement to acquire the Vertica analytics database from OpenText (Nasdaq: OTEX) (TSX: OTEX). This acquisition accelerates Rocket Software’s strategy to be the partner of choice for modernization without disruption, allowing customers not only to modernize core systems and data but also to run next-generation analytics and GenAI directly on that trusted data. The transaction is expected to close in the middle of calendar year 2026, subject to receipt of applicable regulatory approvals and other customary closing conditions. Read Rocket Software’s press release The Kirkland team included corporate lawyers Chris Elder, Zoe Quick, Matthew O’Brien, Josh Dubin and Namjun Park; technology & IP transactions lawyers Martin Schwertmann, Derek Ventling and Vlad Khodosh; tax lawyers Polina Liberman, Mike Carew and Alan Walker; capital markets lawyers Sophia Hudson and Sarah Lipinski; debt finance lawyers Andrew Idrizovic and Matt Stummer; executive compensation lawyers Scott Price and Sally Ye; employment & labor lawyers R.D. Kohut and Madeline Klebanov; employee benefits lawyer Alexandra Mihalas; antitrust & competition lawyers Rich Cunningham, Colin Herd, Andris Rimsa and Athina Van Melkebeke; environmental transactions lawyer Michelle Sliwinski DeMaio; real estate lawyer John Caruso; international trade & national security lawyer John Kabealo; and government contracts lawyer Rob Ryland.