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Micro Focus (US), Inc. history
Micro Focus (US), Inc. company history timeline
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.
In 1998, the company 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.
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 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 December 2013, Micro Focus acquired the Orbix, Orbacus and Artix software product lines from Progress Software.
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.
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.
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 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.
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Micro Focus (US), Inc. competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| VMware | 1998 | $13.4B | 31,000 | 2 |
| Juniper Networks | 1996 | $5.1B | 9,400 | - |
| Red Hat | 1993 | $3.4B | 13,400 | 348 |
| Wind River | 1981 | $359.7M | 1,801 | 50 |
| Citrix | 1989 | $3.2B | 9,000 | 5 |
| Extreme Networks | 1996 | $1.1B | 2,713 | 89 |
| Sybase | 1991 | - | 3,576 | - |
| HP | 1939 | $53.6B | 53,000 | 541 |
| Saturn Systems Software Engineering | 1990 | $7.6M | 35 | - |
| Zix | 1988 | $218.5M | 144 | - |
Micro Focus (US), Inc. history FAQs
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