International law firm Bird & Bird advised US-software company Rocket Software on the acquisition of all the shares of German-based software company B.O.S.
Rocket Software is a global technology leader that develops enterprise software for some of the world’s largest companies. It partners with companies, in all industries, to solve their most complex IT challenges, across infrastructure, data, and applications — with solutions that simplify, not disrupt their modernization journey.
B.O.S. is a leading provider of data integration solutions. Its flagship product, tcVISION, now called Rocket Data Replicate and Sync, will join Rocket Software’s portfolio of modernization products that add scale, flexibility and security to an organization’s existing infrastructure.
The combination of Rocket Software’s existing solutions and B.O.S.’ technology will allow Rocket Software to offer its customers more complete solutions to their mainframe data modernization challenges. This proprietary technology means that organizations can leverage advanced tools, including machine learning and analytics engines, in cloud environments using mainframe data in real time without needing to rewrite all their applications to run on the cloud. This technology also makes training generative artificial intelligence (AI) models easier by leveraging a business’ mainframe data.
With the acquisition of B.O.S., Rocket Software offers its customers the ability to store, manage, control and replicate data between the mainframe, on premise and public cloud platforms in near real time. Unlike other solutions on the market, Rocket Software will make it easier for its customers to get data from hard-to-understand subsystems on the mainframe, while making it easier to replicate the data to multiple targets on the cloud or on premise. This will allow customers to reap the benefits of the security, availability, and reliability of the mainframe, while also taking advantage of the powerful analytics tools on the cloud.
Rocket Software has been advised by the following Bird & Bird lawyers: partner Stefan Münch (lead), counsel Michael Gaßner, counsel Dr. Christina Lorenz, LL.M. and associate Marina Dolina, LL.M. (all Corporate/M&A, Munich), partner Dr. Ralph Panzer, counsel Sandy Gerlach and associates Dr. Maximilian Koch and Cara-Marlene Fuchs (all Employment, Munich), as well as other Bird & Bird lawyers in Germany (IP, IT and Data Protection, Tax, Real Estate, Finance & Financial Regulation and Competition & EU law) and in Italy.