Rocket Software, Inc., a Waltham, Massachusetts-based global technology leader that develops enterprise modernization and optimization solutions for Fortune 500 companies and government agencies, acquired RSD SA, a Geneva, Switzerland-based enterprise software solutions provider.
The amount of the deal was disclosed.
Established in 1973, RSD provides software solutions for major banking, government and retail organizations to organize vital business records and optimize their mainframe environments.
Founded in 1990 and led by Andy Youniss, Chief Executive Officer, Rocket Software allows organizations in the IBM ecosystem to build solutions to solve challenging business problems by running their existing infrastructure and data, as well as extending those assets to take advantage of cloud, mobile, analytics, and other future innovations.
The company has locations in Europe, Asia, and Australia.