Micro Focus merges with HPE Software business
By MYBRANDBOOK
Micro Focus has announced the finalization of its merger with Hewlett Packard Enterprise’s (HPE) software business to create the seventh-largest pure-play enterprise software company in the world. This merger brings together two leaders in the software industry to form a new, combined company uniquely positioned to help customers maximize existing software investments and embrace innovation in a world of Hybrid IT. Following merger, Chris Hsu, formerly COO of HPE and Executive Vice-President and General Manager of HPE Software, was appointed CEO of Micro Focus.
“Today marks a significant milestone for Micro Focus, and I am honoured to be leading this team,” said Chris Hsu, Chief Executive Officer of Micro Focus. “We are bringing together a powerful combination of technology and talent uniquely positioned to drive customer-centred innovation at enterprise scale – enabling organizations to maximize the RoI of existing software investments while embracing the new hybrid model for enterprise IT.”
Micro Focus is designed from the ground up to build, sell and support software. With more than 5,800 employees in R&D, the combined company helps solve the most complex technology problems for customers, delivering world-class, enterprise-scale solutions in the key areas, including:
* DevOps: enabling rapid delivery of quality, secure applications with end-to-end visibility across a tool chain of commercial and open-source offerings -- leveraging the largest portfolio in the industry.
* Hybrid IT: simplifying the management of a complex mix of platforms, delivery methods and consumption models to help organizations address business needs, control costs, and ensure availability and performance at global scale.
* Security & Risk Management: Securing data, applications and access; powering security operations and governance to mitigate risk and maintain compliance; and harnessing the power of secure DevOps practices to ensure end-to-end risk management.
* Predictive Analytics: Helping customers translate siloed data into real-time proactive analytics at scale, anchored on supporting open and cloud-based stacks to create new insights across applications, operations, security and the business.
“On behalf of everyone at DXC Technology, I would like to congratulate the Micro Focus team on this significant milestone,” said Mike Lawrie, Chairman, President and CEO of DXC Technology. “This merger promises to greatly enhance our strategic partnership to help drive true digital transformation for our clients, and we look forward to further collaboration with a best-in-class partner like Micro Focus.”
This marks the fifth significant transaction in the past three years, and the largest to date for Micro Focus. It reflects the ongoing strategy to combine powerful software assets into a single company with a strong performance-based operating model.
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