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Micro Focus merger with HPE’s Software Business Segment worth $8.8 billion

Discussion in 'Help Net Security' started by RSS, Sep 8, 2016.

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    RSS New Member Member

    Micro Focus announced today its intent to merge with HPE’s Software Business Segment in a transaction valued at approximately $8.8 billion. The merger is subject to customary closing conditions, including anti-trust clearances and shareholder approval and is expected to close in Q3 2017. The proposed merger brings together two well established enterprise software vendors with highly complementary portfolios. With revenues of approximately $4.5 billion, it creates one of the world’s largest pure-play infrastructure software companies … More →

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