BNET Industries
Last Fiscal Year Sales:$30.0M
- Private
- US
Dow Jones Description
Rocket Software was founded in 1990 with an initial focus on developing and delivering software solutions to IBM mainframe customers deploying IBM DB2. Within the first five years, Rocket licensed all of its intellectual property to IBM, and all of Rocket's products were rebranded and licensed to enterprises through IBM's worldwide sales channel. Since those early years, Rocket has expanded its software OEM business to cover a wide spectrum of enterprise infrastructure products in the areas of Business Intelligence, Storage, Networks, Terminal Emulation, Integration, Security, and Database. And in addition to IBM, Rocket has licensed its products to a number of major OEMs that include Microsoft, RSA, EMC, Nortel, Motorola, and HP. In parallel with a significant R&D investment in developing software products, Rocket Software began a series of strategic acquisitions in 2000. As a result, Rocket now has well over 100 software products that are licensed both through OEM partners and resellers, and via direct sales through Rocket's acquired branded sales channels, such as Mainstar, Servergraph, CorVu, BlueZone, and Seagull. Rocket values the technical skills and deep domain expertise of the employees at the companies we acquire. We endeavor to keep the teams intact and entrust them to manage and expand the product lines that they initially created. ...
Chief Executive Officer, Director, Founder
Andy YounissNumber of Employees 217
Contact Information
275 Grove St Ste 1 300
Newton, Massachusetts 02466
(617) 614-4321
Peer Companies
NAICS Code Custom Computer Programming Services: 541511
Recent Events
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Rocket Software Raises $91.9 Million Through Equity Sale
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IBM Sells U2 Group to Rocket Software
News & Analysis
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rocket software inc. - All News and Analysis
Tech Legal Week: Apple Patent Warnings, Midway Files, Sirius and Charter May, More
Google reportedly backs off multi-touch at Apple request, but Palm has no such plans; an antitrust expert calls EU concern over Microsoft IE "dumb"'; Midway files for Chapter 11; Charter Communications plans bankruptcy filing by April 1; Sirius XM could file for bankruptcy by tomorrow; CA settles suit against Rocket...
Rocket Software Acquires Assets of Arkivio
-- Award-Winning Software To Be Incorporated into Rocket's Storage Unit --
Rocket Software Inc. to Acquire NetManage, Inc
CUPERTINO, Calif. -- Rocket Software, Inc. (www.rs.com), a privately held corporation ("Rocket"), and NetManage, Inc. (Nasdaq:NETM) ("NetManage"), jointly today announced that their respective boards of directors have approved, and both companies have signed, a definitive agreement for Rocket to acquire NetManage in a merger transaction. Pursuant to the terms of...
Rocket Software Acquires SmartDB Product Line
Silicon Valley Company's Flagship Product Purchased by Boston Software Firm
CA Files Lawsuit against Rocket Software for Misappropriation of Intellectual Property
Alleges Rocket Stole Code for Database Administration Tools
Rocket Software Prevents Data Theft With SecurityVault Enterprise Edition
Software Protects Organizations by Denying Access to Files on Stolen Laptops and Mobile Storage Devices
Rocket Software, Inc. Acquires CorVu Corporation
NEWTON, Mass. -- Rocket Software, Inc., today announced the acquisition of CorVu Corporation, an innovative provider of Business Intelligence and Performance Management software solutions (OTCBB:CRVU). The acquisition was completed on Friday, May 18, 2007 through a merger of an acquisition subsidiary of Rocket Software with and into CorVu pursuant to...
Rocket Software Announces Acquisition of Software Products From Telcordia; Addition Augments Rocket's Database Capabilities
NEWTON, Mass. -- Rocket Software (www.rocketsoftware.com), a Boston-based developer of Enterprise Infrastructure products, today announced that it has acquired three software products from Telcordia Technologies (www.telcordia.com), the leading provider of software and services for IP, wireline, mobility and cable networks. The products acquired by Rocket are currently sold under the...
Rocket Software Releases Latest Version of NetCure™ Service Assurance Software; Package Improves Reporting, Operations Support, and Windows Server Management
NEWTON, Mass. -- Rocket Software (www.rocketsoftware.com), a Boston-based developer of Enterprise Infrastructure products, today released the latest version of its NetCure service-assurance software that provides powerful business-infrastructure and service assurance for enterprises and service providers. NetCure substantially reduces the time required to isolate, diagnose and resolve business infrastructure problems. The...
Rocket Software Announces $35M Acquisition of UK-Based ASTRAC; Purchase of Award-Winning Software Developer Increases Technology and Geographic Footprint of Boston Software Manufacturer
NEWTON, Mass. & WARWICK, England -- Rocket Software (www.rocketsoftware.com), a Boston-based developer of Enterprise Infrastructure products, today announced that it has bought employee-owned ASTRAC (www.astrac.com), a leading developer of Business Intelligence BI and Data Mining software solutions that combine the power of IBM enterprise systems with popular Microsoft applications. The...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Andy Youniss | Chief Executive Officer, Director, Founder |
| Brian Agle | Chief Financial Officer |
| Matt Kelley | Chief Technology Officer, Director |
| Troy Heindel | Chief Operating Officer |
| Johan Magnusson Gedda | Director, Founder |
| Karen Player | Director of Human Resources |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Mike Beasley | Chairman |
| Organization | Position | Status |
|---|---|---|
| Rocket Software, Inc. | Chief Executive Officer, Director, Founder | Current |
| Rocket Software, Inc. | Board of Directors | Current |
| American Management Systems | Programmer | Former |
| Rocket, Inc. | Former | |
| International Business Machines Corporation | Former | |
| The Catholic Company | B.S. Degree In Computer Science | Former |
| The Catholic University of America | B.S. Degree In Computer Science | Former |
Brian Agle joined Rocket in February 2008 as Chief Financial Officer. Prior to joining Rocket, he was Senior Vice President and CFO for Activant Solutions Inc., a $400 million software company. Brian also served as Vice President and CFO for Global Field Operations at Novell Inc., and was a member of the worldwide management team. During his tenure with Novell he was responsible for a $1 billion global business and headed up financial organizations in North America and Asia. Prior to joining Novell, he began his career with Ernst & Young. Brian holds B.S. and MAcc degrees from Brigham Young University.
| Organization | Position | Status |
|---|---|---|
| Rocket Software, Inc. | Chief Financial Officer | Current |
| Organization | Position | Status |
|---|---|---|
| Rocket Software, Inc. | Chief Technology Officer, Director | Current |
| Rocket Software, Inc. | Board of Directors | Current |
| Peritus Software Services | Vice President, Research and Development | Former |
| Rocket, Inc. | Former | |
| Massachusetts, Inc. | M.S. Degrees In Computer Science | Former |
| Massachusetts Institute of Technology | B.S. and M.S. degrees in Computer Science | Former |
| Massachusetts, Inc. | B.S. | Former |
Troy joined Rocket in April 2002 as Chief Information Officer, and became Chief Operating Officer in 2004. Troy came to Rocket Software with a wealth of experience fostering growth in technology companies. Prior to joining Rocket, he was CIO for Regus Business Centre, a global $1 billion real estate and technology services business. Troy served as CIO and Vice President of Technical Operations for Agillion, an application service provider and before that he was CIO and Vice President of Support Services for Gensym Corporation. Troy began his career at NASA's Lyndon B. Johnson Space Center as a Space Shuttle flight controller. Troy holds a B.S. in Computational and Applied Mathematics from the University of Connecticut and an M.S. in Applied Mathematics from the University of Houston.
| Organization | Position | Status |
|---|---|---|
| Rocket Software, Inc. | Chief Operating Officer | Current |
| Rocket, Inc. | Chief Information Officer | Current |
| Gensym Corporation | CIO | Former |
| Gensym Corporation | Vice President of Support Services | Former |
| The University of Houston | M.S. In Applied Mathematics | Former |
| University of Connecticut | B.S. In Computational and Applied Mathematics | Former |
| Organization | Position | Status |
|---|---|---|
| Rocket Software, Inc. | Director, Founder | Current |
| Rocket Software, Inc. | Board of Directors | Current |
| Rocket, Inc. | Former | |
| Massachusetts Institute of Technology | B.S. and M.S. degrees in engineering | Former |
| Harvard Business School | MBA | Former |
| Organization | Position | Status |
|---|---|---|
| Rocket Software, Inc. | Director of Human Resources | Current |
| Organization | Position | Status |
|---|---|---|
| Legenta | CEO | Current |
| Nobska Ventures | Venture Partner | Current |
| Rocket Software, Inc. | Chairman | Current |
| Alta Alliance Bank | Board of Directors | Current |
| MIT Sloan School of Management | S.M. In Management Technology | Former |
| International Business Machines Corporation | Former | |
| Rocket Software, Inc. | Board of Directors | Former |
| Weber State University | B.S. In Data Processing Technology | Former |
| MIT Sloan School of Management | S.M. In Management Technology | Former |
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