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Rocket Software Acquires Australia-Based Fundi to Provide Mainframe Diagnostic Tools.

M2 EQUITYBITES-September 20, 2018-Rocket Software Acquires Australia-Based Fundi to Provide Mainframe Diagnostic Tools

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19 September 2018 - Massachusetts, US-based global technology provider Rocket Software, Inc. has acquired Perth, Australia-based Perth-based Fundi Software and its US-based affiliate, Circle Software, the company said.

Terms of the transaction were not disclosed.

Rocket will maintain development operations in Perth.

Rocket will build upon the depth and breadth of Fundi products and create new experiences for customers who depend on the mainframe to run their mission critical business applications.

Rocket Software helps organisations in the IBM ecosystem build solutions that extend the value of their technology investments for the future.

Fundi was established in 1982 and is one of the providers of software solutions for IBM IMS and IBM CICS systems.

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Publication:M2 EquityBites (EQB)
Geographic Code:8AUST
Date:Sep 20, 2018
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