Rocket Finally Gets Its RUMBA, And A Whole Lot More
June 10, 2024 Alex Woodie
Sixteen years is a long time to wait, but that’s how long it took Rocket Software to acquire the assets of what used to be NetManage, which includes the popular 5250 emulator RUMBA. Rocket failed to buy NetManage back in February 2008, but it finally completed the deal for the NetManage assets in May 2024. And it got a whole lot more in a $2.275 billion deal that netted it about half of OpenText’s Micro Focus assets and puts its revenue over the mark of $1 billion per year.
Micro Focus, you will recall, was the company that swooped in …
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