Micro Focus International plc is a multinational software and information technology business based in Newbury, Berkshire, England. The firm provides software and consultancy. The company is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index.
On 1 September 2017, a merger was completed between Micro Focus and Hewlett Packard Enterprise Software. The combined company became the world's seventh largest pure-play software company, and the UK's largest technology firm listed on the London Stock Exchange, with revenue of US$4.4 billion.
Video Micro Focus
History
The company was founded in 1976, and in its early years, concentrated on COBOL products. In 1981, it became the first company to win the Queen's Award for Industry purely for developing a software product. The product was CIS COBOL, a standard-compliant COBOL implementation for microcomputers.
In 1998, the company acquired Intersolv Inc, an applications enablement business, for US$534 million and the combined business was renamed Merant. The same year the company acquired XDB Systems with their XDB Enterprise Server relational database management system. In 2001 the business was demerged from Merant with help from Golden Gate Capital Partners and once again became Micro Focus. It was listed on the London Stock Exchange in 2005.
On June 2008, the company acquired the Israeli NASDAQ listed software company NetManage for US$73.3 million.
In July 2009, the company acquired Borland, a developer of application lifecycle management tools, as well as the Quality Solutions (including automation tool TestPartner) part of Compuware.
In 2011, the company alleged that the New South Wales Police Force and other agencies were using 16,500 copies of its ViewNow software on various computers when police and other agencies were only ever entitled to 6,500 licences. The group initially alleged A$10 million in damages but later increased this to A$12 million after reviewing the results of a court-ordered audit of the police force's computer systems. The police force maintained during the court proceedings that it had paid for a site licence that entitled it to unlimited installations of the software for all of its officers. Despite this, it settled the matter out of court in 2012, for an undisclosed sum. The other agencies previously settled the matter out of court, also for undisclosed sums.
In December 2013, Micro Focus acquired the Orbix, Orbacus and Artix software product lines from Progress Software. These market-leading implementations of the CORBA standard were originally developed by IONA Technologies.
On 15 September 2014, Micro Focus announced that it would acquire The Attachmate Group for US$1.2 billion in shares, which will give it ownership of the Attachmate, NetIQ, Novell, and SUSE product lines. Attachmate's parent company Wizard Parent LLC--consisting of the investment groups Elliott Management Corporation, Francisco Partners, Golden Gate Capital, and Thoma Bravo, will hold a 40% stake in Micro Focus post-acquisition.
On 2015, Micro Focus acquired Authasas, which produces authentication middleware.
On 22 March 2016, Micro Focus announced its intent to acquire Serena Software, then valued at US$540 million. The acquisition was completed on 2 May 2016.
On 7 September 2016, Micro Focus announced its intent to merge with Hewlett Packard Enterprise's software business segment. The acquisition was completed on 1 September 2017.
On 4 October 2016, Micro Focus announced it acquired Gwava Inc.
Maps Micro Focus
References
External links
- Official website
- Google Finance profile
Source of article : Wikipedia
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