Exclusive-Bain Capital mulls $10 billion sale of Rocket Software, sources say


FILE PHOTO: Logo of Bain Capital is screened at a news conference in Tokyo, Japan September 28, 2017. REUTERS/Kim Kyung-Hoon/File Photo

(Reuters) - Private equity firm Bain Capital is weighing options, including a sale, for Rocket Software that could value the U.S. automation software provider at as much as $10 billion, including debt, people familiar with the matter said.

Bain's deliberations come as the artificial intelligence boom is forcing large corporations to increase their technology spending to upgrade outdated business software and automate more routine tasks.

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