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Rocket Software Completes Acquisition of MultiValue Database Business from TigerLogic

Acquisition further supports Rocket commitment to MultiValue databases

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Release Date: Monday, November 18, 2013

Rocket Software announces that it has completed the acquisition of the MultiValue database business from TigerLogic Corporation (NASDAQ: TIGR). Rocket welcomes this new team, based in Irvine, California, to the global family of Rocketeers.

Andy Youniss, President and Chief Executive Officer of Rocket Software, says, "We have a very large customer base asking us to help them with solutions that are not dependent on relational database technology. MultiValue is a unique, NoSQL database technology that is perfect for today - it is technically excellent, cost-effective, and easy to deploy and run. We made our first acquisition in this space four years ago, and today's acquisition further reinforces our commitment to this technology, our partners whose solutions depend on our technology, and customers that rely on those applications to run their businesses.

"We are also excited to announce that the team that develops, supports, and sells these database products has joined Rocket. We plan to invest in this team and this technology as we grow our MultiValue database business. We want to especially welcome our new customers and partners — we look forward to supporting each of you and helping you achieve even more success."

 

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About Rocket Software

Rocket Software (www.rocketsoftware.com) is a technology company that helps organizations in the MultiValue ecosystem modernize and optimize solutions to meet today's needs while extending the value of their technology investments for the future. Thousands of companies depend on Rocket to solve their most challenging business problems by helping them run their existing infrastructure and data, as well as extend those assets to take advantage of cloud, mobile, analytics, and other future innovations. Founded in 1990, Rocket is based in Waltham, Massachusetts with locations in Europe, Asia, and Australia.

For more information, visit http:/​/​www.rocketsoftware.com

About TigerLogic Corporation

For more information, visit http:/​/​www.Tigerlogic.com

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