
Micro Focus

Mr. Stephen Murdoch (CEO & Director)
Mr. Matthew Ashley (CFO & Director)
Mr. Paul Rodgers (Chief Operating Officer)
Summary
History
Micro Focus was founded in 1976. 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.In May 2007, San Diego-based Acucorp, Inc., a developer of COBOL development tools and provider of technologies for COBOL applications, was acquired by Micro Focus for its ACUCOBOL-GT product lines.In June 2008, the company acquired the Israeli NASDAQ listed software company NetManage for US$73.3 million.In July 2008, the company acquired the privately held Austin, Texas-based Liant Software Corporation for its RM/COBOL and PL/I product lines. Liant Software owned the assets of Ryan-McFarland Corporation, a Micro Focus competitor in the 1980s.In July 2009, the company acquired Borland, a developer of application lifecycle management tools, as well as the Quality Solutions part of Compuware, including the automation tool TestPartner.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 would 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, would hold a 40% stake in Micro Focus post-acquisition. With the purchase of Attachmate, Micro Focus became the owner of the Unix operating system.In 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 merger was completed on 1 September 2017.On 4 October 2016, Micro Focus announced it had acquired Gwava Inc., an enterprise information archiving business.On 19 March 2018, Micro Focus shares fell 55% to 849p after the company warned of a sharp fall in revenue; its chief executive, Chris Hsu, resigned.On 2 July 2018, it was announced that Micro Focus would sell its SUSE business segment to EQT Partners for $2.535 billion.In July 2020, Micro Focus acquired Turkish cybersecurity company ATAR Labs for an undisclosed amount.In August 2022, Canadian software firm OpenText announced that it would acquire Micro Focus in a deal valued at US$6 billion, which is expected to close in early 2023.
Mission
Vision
Key Team
Dr. Lars Rossen (CTO & Fellow Micro Focus)
Mr. Eric Varness (Chief Marketing Officer)
Ben Donnelly (Head of Investor Relations)
Ms. Susan Ferguson (Chief HR Officer)
Ms. Janet McCarthy (Chief Legal Officer & Chief Compliance Officer)
Mr. Tim Brill (Head of Corp. Communication & Investor Relations)
Mr. Nick Wilson (Worldwide Pres of Sales)
Recognition and Awards
References
https://en.wikipedia.org/wiki/Micro_Focus
https://in.investing.com/equities/micro-focus
https://finance.yahoo.com/quote/MFGP/profile?p=MFGP
https://www.comparably.com/companies/micro-focus/mission
https://www.crunchbase.com/organization/micro-focus-1560
https://sec.report/CIK/0001359711
Dive deeper into fresh insights across Business, Industry Leaders and Influencers, Organizations, Education, and Investors for a comprehensive view.

Mr. Stephen Murdoch (CEO & Director)
Mr. Matthew Ashley (CFO & Director)
Mr. Paul Rodgers (Chief Operating Officer)
