Bain capital to buy majority stake in rocket software reuters. Rocket software develops enterprise infrastructure software for companies looking for a boost in the power of their back office systems. Nov 09, 2017 boston november 6, 2017 lovin spoonfuls, a nonprofit organization that supports local, immediate and responsible food rescue in the boston area, has presented rocket software president and ceo andy youniss with its annual thomas m. Andy youniss cofounded rocket software in 1990 and continues to be the companys main driving force.
This award recognizes outstanding entrepreneurial achievements in areas like innovation, financial performance, and personal commitment to ones business. Andy youniss cofounded rocket software in 1990 and continues to guide the companys growth through strategic technology investments, acquisitions, and partnerships, including actively managing rockets longstanding relationship with ibm. President and chief executive officer rocket software org chart create an alert. If ibm does poorly for the year, so does rocket, which will affect promotions and bonuses of the common layman, and may lead to layoffs. So there is a sort of musical chairs charade in middle management fiefdoms years in, years out. But theres a very different definition of success that youniss has cultivated as founder, president, and ceo of rocket software. Andy is a member of the board of trustees of boston medical center, an extraordinary. Conference sessions hear from rocket at the iod conference. Andy youniss, president and chief executive of walthambased rocket software, found success in gravitating toward the practical rather than. The company offers software tools in the areas such as business intelligence. See who you know at rocket software, leverage your professional network, and get hired. Rocket software is a privately held software development firm founded in 1990.
Boston november 6, 2017 lovin spoonfuls, a nonprofit organization that supports local, immediate and responsible food rescue in the boston area, has presented rocket software president and ceo andy youniss with its annual thomas m. Rocket software acquires swiss enterprise software. With deep expertise in ibm z, ibm power, and embedded database systems and application servers, rocket solutions power tens of thousands of global businesses, solving real problems and making realworld impact. Its rooted in a vision that hes deployed to build a longlasting company, one. Being in rocket software helps you to know the inside world of mainframe.
Many businesses were forced to adapt quickly to remote work, without a security plan in place. The rsd and rocket teams share the same passion for doing whats. Join us on thursday, october 24th to learn about building a company with innovation and culture. Bain capital to take majority stake in rocket software reuters. If a company, for example, has lost the mainframe ims database and cics transaction processing expertise associated with building a missioncritical legacy system, rocket software would be able to replace it. The award recognizes leaders who demonstrate commitment to ideals that. This award recognizes outstanding entrepreneurial achievements in areas like innovation, financial performance, and personal commitment to ones business and community.
The companys management team will remain intact following the transaction, which is expected to be completed this quarter. Nice people, health benefits and office perks are the. L, and we had no problems because we were a profitable unit, happily selling and maintaining the products that we had been developing for 20 years. The people at rocket make the company, all enthusiastic and intelligent and willing to help.
I have been working at rocket software fulltime for more than a year. The team here trust you and is always willing to support you makes it feel like extend home come be part of rocket family. Additionally, rocket software has registered 46 trademarks with the most popular class being scientific and electric apparatus and instruments. As the novel coronavirus covid19 spreads around the globe and impacts communities, i want to share how rocket software is responding. Andy youniss with johann magnussongedda, cofounded rocket software in 1990 with a core focus on the enterprise infrastructure space, addressing three key. Founded in 1990, rocket software is headquartered in waltham, ma, with 23 offices around the world, cofounded by andy youniss and johann magnussongedda.
Rocket software plans innovations for 2020 and beyond. Rocket software will continue to operate under its current management team, led by president and chief executive officer andy youniss, the company said. Because the musical act will be the grammywinning band, fun. The firms products are designed to run on mainframes, linuxunixwindows, ibm i, cloud, and hybridvirtualized systems. Andy youniss with johann magnussongedda, cofounded rocket software in 1990 with a core focus on the enterprise infrastructure space, addressing three key areas of data, applications and security. I have been working at rocket software fulltime for more than 3 years. Part of being a global company is being active where our customers and partners are doing business, said andy youniss, president and ceo of rocket software. Andy youniss cofounded rocket software in 1990 and continues to be the. Bostonbased lovin spoonfuls gives leadership award to rocket. Its rooted in a vision that hes deployed to build a longlasting company, one that. Thousands of companies around the world depend on rocket to solve their most challenging business problems by helping them run their critical infrastructure, business processes, and data, as well as extending the value of these assets to take advantage of cloud and mobile computing, advanced analytics, and other future innovations.
Andy youniss has been the guiding force behind rocket software since he cofounded the company in 1990. Companies in this industry provide services such as software support, computer. A software engineer by trade, andy understands the importance of building software that matters. Dont miss the fall deans lecture with andy youniss, president and ceo of rocket software. Jan 15, 2020 andy youniss president and ceo andy youniss cofounded rocket software in 1990 and continues to guide the companys growth through strategic technology investments, acquisitions, and partnerships, including actively managing rocket s longstanding relationship with ibm. Weve been working with qmf and qmf customers for 25. Rocket software empowers organizations to create legendary impact in the world through innovation in legacy technology. Andy youniss cofounded rocket software in 1990 and continues to guide the companys growth through. This year, a recordbreaking number of rocket employees were named as 2020 ibm champions to be exact. Andy was managing director at seagull software systems, and programmer and analyst at american management systems. Contact us support login english english india german japanese. The addition of rocket aldon gives customers new access to application lifecycle management tools, helping them improve software quality and simplify compliance reporting. Rocket software will continue to operate under its current management team, led by president and chief executive officer andy youniss. This is obviously a great day for us and for qmf users, said rocket software ceo andy youniss.
We are excited to welcome rsd to the rocket family, said andy youniss, chief executive officer at rocket software. The vast majority of employees are engineers, thus a very technical environment. Andy youniss president and ceo andy youniss cofounded rocket software in 1990 and continues to guide the companys growth through strategic technology investments, acquisitions, and partnerships, including actively managing. Andy successfully established and actively manages rockets largest oem partnerships and is. Rocket software acquires swiss enterprise software solutions. Founder andy youniss and his business partner set out to start a different kind of software companyone that would be longlasting and make a real difference. Rocket was established in 1990 by andy youniss and johan magnusson gedda. Andy youniss president and ceo anjali arora cpo kevin thimble cfo tom brigiotta cro christine washburn cmo jay leader svp, customer success.
Bostonbased lovin spoonfuls gives leadership award to. Select a product family subject subject description description. As the world turns to remote working in light of the recent covid19 pandemic, cybersecurity is becoming a hot topic. Bain capital to take majority stake in rocket software. We are all experiencing challenges both personally and professionally, and we want to clearly communicate that you our customers, along with our employees remain at the center of our efforts. Gives leadership award to rocket software ceo andy youniss. Set it and forget it should not be your approach to.
It is infectious, and you cant help but want to support them. Lovin spoonfuls gives leadership award to rocket software. Andy youniss cofounded rocket software in 1990 and continues to guide the companys growth through strategic technology investments, acquisitions and partnerships, including actively managing. Andy successfully established and actively manages rocket s largest oem partnerships and is guiding the companys growth through technology investments, acquisitions, new product lines, and strategic partnerships. Oct 08, 2018 rocket software will continue to operate under its current management team, led by president and chief executive officer andy youniss, the company said. The intellectual property of rocket software includes registered patents primarily in the computing. Its products address such needs as data, network, application, and storage management, as well as business intelligence and security. Rocket software, which offers technology services to companies using international business machines corp. Rocket software ceo andy youniss named finalist for new. Rocket software expands global reach with new offices in.
Bostonbased lovin spoonfuls gives leadership award to rocket software ceo andy youniss. Jun 28, 2017 andy youniss cofounded rocket software in 1990 and continues to guide the companys growth through strategic technology investments, acquisitions and partnerships, including actively managing. Andy youniss cofounded rocket software in 1990 and continues to guide the companys growth through strategic technology investments, acquisitions, and partnerships, including actively managing rocket s longstanding relationship with ibm. Andy successfully established and actively manages rockets largest oem partnerships and is guiding the companys growth through technology investments, acquisitions, new product lines, and strategic partnerships. Andy youniss has a bachelor in computer science from catholic university of america in washington, dc. The things mv did 30 years ago still function today, he said. Andy youniss rocket software boston business journal. Getting to work on system programming on control blocks hooks in assembler on tools like sdsf, allocation manager or output manager, makes you realize you just know a drop in the ocean of the legacy system which is generally used by service industry. Five technology visionaries discuss our digital future.
Good benefits and about 90% of all employees work from home. The company offers software tools in the areas such as business intelligence, storage, networks, terminal emulation, integration. Dec 18, 2019 rocket software is looking ahead to the future and with it, andy youniss, president and ceo of rocket, says he sees there is room to grow. Website, rocket software is a privately held software development firm founded in 1990. Rocket software president and chief executive officer andy youniss no image. Over the next weeks, we will count down to ibm think with each of the 2020. We are excited to partner with bain capital as we get ready to launch our fourth decade of growth, said youniss. Be there when rocket ceo, andy youniss, takes the stage around 8. Ey names rocket software ceo andy youniss new england.
For a long time, this was a great company to work for as they were constantly acquiring new companies and growing. Rocket software found 5k 10k employees, 30 phone numbers and 28 emails we use cookies in order to provide you with a better browsing experience. L, and we had no problems because we were a profitable unit, happily selling and maintaining the products that we had been. Ibm and rocket software expand analytics partnership. We help speed the pace of digital transformation, making it easier for. Rocket software announces investment by bain capital. Whats important to customers and partners is they know rocket will continue to innovate to deliver modern technology that customers deserve and demand. Rocket software us llc dept at 952992 atlanta, ga 311922992. Countdown to ibm think with ibm champion andy steeds the. Rocket develops products in such fields as analytics, networks, data, storage, and enterprise software. Andy successfully established and actively manages.
Bain capital to buy majority stake in rocket software. To celebrate our ongoing partnership with ibm, and our dedication to innovation, legacy technologies and legendary results, we want to highlight them. Other businesses were already set up for remote work, but with an uncertain timeline, some aspects of cybersecurity may. With the move to rocket software, remit addresses have changed as follows. By continuing to use this website you agree to our use of cookies. Rocket ceo to introduce zowe to fintech and technical leaders. Rocket software is looking ahead to the future and with it, andy youniss, president and ceo of rocket, says he sees there is room to grow. Supported host systems include ibm mainframe tn3270, ibm i tn5250. Rocket software is a software development firm that offers enterprise infrastructure products and various related services. Rocket ceo, andy youniss, will take the stage around 8. Build has come, i cant help but think back to the very first coding challenge we. Software sales there is a seperate unit from main part of business, gets very little attention from exec management.
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