Micro Focus has completed its merger with Hewlett Packard Enterprise’s (HPE) software business, creating what it says is the seventh largest pure-play enterprise software company in the world. Chris Hsu, formerly COO of HPE and executive vice president and general manager of HPE Software, was appointed CEO of Micro Focus.
Micro Focus’ mission is to provide a best-in-class portfolio of enterprise-grade scalable software with analytics built in, said Hsu, noting that it is uniquely positioned to help customers and partners address opportunities and challenges within the new hybrid model for enterprise IT – from mainframe to mobile to cloud.
Citing a recent report published by the Harvard Business Review, Micro Focus noted that more applications will reside in various third-party data centers in the future, but for the foreseeable future, critical legacy applications will remain on premise - making it necessary to carefully orchestrate a combination of systems and develop a robust hybrid IT approach.
Micro Focus has more than 5,800 employees in R&D, and the new combined company provides solutions spanning DevOps, Hybrid IT, Security & Risk Management, and Predictive Analytics.
According to the company, this marks the fifth significant transaction in the past 3 years, the largest to date for Micro Focus, and reflects its ongoing strategy to combine powerful software assets into a single company with a strong performance-based operating model.
For more information, go to www.microfocus.com