#Micro focus company software
#Micro focus company Pc

#Micro focus company software

In 2014, it acquired Houston-based company Attachments specialized in distributing the Linux operating system, while in 2016 it acquired Serena Software a leading provider of Application Lifecycle Management software, which helps companies to automate and control their IT processes. Micro Focus has a proven track-record of successful acquisitions. In FY2016 the firm generated $1,245m revenues and $532.5m EBITDA and it currently counts more than 4,500 employees. The company went public on the London Stock Exchange in 2005 and subsequently became part of the FTSE 100 Index. The company serves approximately 20,000 customers widespread in more than 30 countries.ДЄmong others, Micro Focus provides software and solutions in the fields of: (i) application delivery and testing, (ii) security management and (iii) identity and access management.

The firm specializes in providing software and consultancy services for corporate clients updating their IT infrastructure to more modern platforms. Weisler, former Executive Vice President of Printing & Personal Systems, was appointed CEO of HP Inc.ДЇounded in 1976, Micro Focus International plc is a UK-based multinational IT company. Following the spin-off, Meg Whitman, former CEO of the conglomerate firm, became CEO of HPE while Dion J. Both companies generate more than $50bn revenues. is a now only a provider of personal computing devices and printing products, while HPE offers technology solutions to corporate customers worldwide. (HPQ) and Hewlett Packard Enterprise (HPE).

The deal closed in November 2015 resulting in two publicly trading company: HP Inc.

#Micro focus company Pc

However, in order to become more agile and to avoid the plague of large conglomerates, the company decided, in October 2014, to spin off its faster-growing and higher margins enterprise hardware and services business from its PC and printers operations. The company was specialized in the development of computing hardware and software and it served both consumers and corporate clients. and Hewlett Packard EnterpriseДЇounded in 1939 by two Stanford graduates, Hewlett Packard Company was an American multinational company active in the sector of Information Technology. The announced deal will be the largest acquisition by a British firm of a foreign technology company and it represents the latest Hewlett PackardвЂ™s move in its attempt to refocus and narrow its business model.ДЄbout HP Inc. The new company will keep its current name (Micro Focus) and its listing on the London Stock Exchange. On September 7, 2016, Micro Focus and Hewlett Packard Enterprise (HPE) announced an $8.8bn вЂњspin-mergeвЂќ, where Micro Focus will acquire вЂњnon-coreвЂќ software assets from HPE, and HPE shareholders will hold 50.1 percent of the merged company.

Micro Focus International plc (MCRO) вЂ“ Market cap as of : $5.04bn