Overview#Micro Focus (Micro Focus International plc) is a multinational software and information technology business based in Newbury, Berkshire, England. The firm provides software and consultancy services for clients updating legacy systems to more modern platforms. The company is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.
History#The company was founded in 1976 and in its early years, concentrated on COBOL products.
In 1981, the company 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.
Micro Focus was renamed Micro Focus Group in 1983
In 1998, Micro Focus acquired Intersolv Inc, an applications enablement business, for US $534 million and the combined business was renamed Merant.
In 2001 the business was demerged from Merant with help from Golden Gate Capital Partners and once again became Micro Focus.
Micro Focus was listed on the London Stock Exchange in 2005.
On June 2008, Micro Focus acquired the Israeli NASDAQ listed software company NetManage for US $73.3 million.
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 INC, and SUSE product lines. Attachmate Group'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 22 March 2016, Micro Focus announced its intent to acquire Serena Software, then valued at $540 million
On 7 September 2016, Micro Focus announced its intent to merge with Hewlett Packard Enterprise’s software business segment. As part of the agreement, Micro Focus and HPE also announced their intention to name SUSE as HPE's preferred Linux distribution and to leverage SUSE's OpenStack expertise to collaborate on HPE’s Helion OpenStack and Stackato PaaS solutions.