February 26, 2020 Alex Woodie
When Bain Equity bought a $2 billion stake in Rocket Software 16 months ago, it was largely viewed through a mainframe lens. Rocket was a mainframe software company, and Bain was investing in that mainframe business. But as the new general manager of the Power Systems Business Unit, Chris Wey, tells it, the company is getting ready to make some moves in the IBM i market, too.
Wey joined Rocket Software at the beginning of the year, immediately following the 30-year-old company’s most recent restructuring following the Bain acquisition. Andy Youniss, who co-founded Rocket back in 1990 to capitalize on …Read more