Rocket Software Acquires SmartDB Product Line
Silicon Valley company’s flagship product purchased by Boston software firm
Newton, Mass. – October 9, 2007 — Rocket Software (www.rocketsoftware.com), a Boston-based developer of Enterprise Infrastructure products, today announced that it has acquired the assets of SmartDB Corporation (www.smartdbcorp.com), a privately-held software developer based in Menlo Park, California.
SmartDB's flagship product, the SmartDB Workbench™, is a tool that integrates with the Oracle E-Business Suite that IT professional and System Integrators have relied on for over a decade to simplify their data conversions and interface projects. Under the terms of the deal, current SmartDB products will be sold and supported by Rocket’s LegaSuite Business Unit. SmartDB Corporation is now focusing on its eXpresso products (www.expressocorp.com).
According to Rocket CEO Andy Youniss, “This acquisition is another step for us as we continue to build our suite of DB tools that are deployed in enterprises around the world. By using SmartDB intelligent adapters, our LegaSuite tools can now provide non-invasive connectivity to the Oracle E-Business Suite applications. A key part of our growth strategy has been to acquire market-leading products and add them to our arsenal."
George Langan, CEO of SmartDB, says that, “We have had success with our DB-related products, and are now shifting our resources to a new line of business, eXpresso™, that is focused on Excel spreadsheet collaboration. We are confident that Rocket will do an excellent job building on our legacy and will provide excellent service to our valued customers.”
About eXpresso™
eXpresso is a pioneering provider of managed business community solutions. The company offers secure, hosted online workspaces suitable for business collaboration, beginning with the Excel spreadsheet environment. eXpresso’s unique capabilities leverage multiple homegrown, patent-pending technologies, enabling users to access, share, compare and collaborate on business information from any location. The privately-owned company is headquartered in Menlo Park, California. To learn more, visit www.expressocorp.com.
About Rocket Software
Rocket Software (www.rocketsoftware.com) is a global software development firm that builds enterprise products and delivers enterprise solutions in the following segments: Business Intelligence and Analytics; Storage, Networks, and Compliance; Application Development, Integration, and Modernization; and Database Servers and Tools. Rocket is engaged in business and technology partnerships with IBM, EMC, Fujitsu, HP Enterprise Services, Avaya, Motorola, and many others. The company is headquartered in Newton, Massachusetts, USA.
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Rocket Press Contact
Richard Berman for Rocket Software
Phone: 415 359 4906
Email: richard@verbfactory.com
