OpenText has announced that it has closed the previously announced acquisition of Micro Focus International, a leading provider of mission-critical software technology and services that help customers accelerate Digital Transformation.
“I would like to welcome Micro Focus customers, partners and employees to OpenText,” said Mark J. Barrenechea, CEO and CTO, OpenText. “Digital life is life, and with Micro Focus’ great products and talent, we will help organisations of all sizes accelerate their Digital Transformation.
“With this acquisition, OpenText’s corporate mission expands to help enterprise professionals secure their operations, gain more insight into their information and better manage an increasingly hybrid and complex digital fabric with a new generation of tools that include cybersecurity, digital operations management, applications modernisation and delivery and AI and analytics.
“This new generation of information management software will help organisations accelerate their Digital Transformation and drive growth while reducing costs.
“We have a structured and disciplined approach to M&A. The last six months of planning has led us to a defined integration plan to deliver on our committed outcomes. We are ready and excited about winning the Information Management market, strong customer outcomes and company growth and expanded cashflows.”Click below to share this article