Rocket Software to acquire ASG Technologies from Evergreen Coast Capital for $850m.

Rocket Software, a global technology firm, agreed to acquire ASG Technologies, a global software company, from Evergreen Coast Capital, the technology-focused Menlo Park affiliate of Elliott Investment Management, for $850m. "We know ASG well and are pleased to add their competencies and expertise in and around structured and unstructured data, content management, and systems management to our combined company. This is an important milestone in our journey of investing in global enterprise IT solutions and in our ongoing commitment to our customers. We will continue to enable our customers to evolve their core applications, take advantage of the power of their data, and operate their IT environments," Andy Youniss, Rocket Software CEO.