[Info-vax] Micro Focus Merger with Hewlett Packard Enterprise's Software Business Segment

[Neil Rieck]

This just hit my INBOX

Neil Rieck
Waterloo, Ontario, Canada.

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Micro Focus Merger with Hewlett Packard Enterprise's Software Business Segment

Today Micro Focus announced its intention to merge with HPE Software and subject to the satisfaction of a number of conditions including shareholder and regulatory approvals, the merger is anticipated to complete in Q3 2017.

The combination of Micro Focus and HPE Software will deliver outstanding product capability to support today's key IT and business initiatives in Mobile, Cloud, DevOps, Internet of Things, Big Data and Analytics.

Both businesses understand that today's organizations need to maximize the value of their IT infrastructure in order to innovate with the lowest possible risk. The combined company will offer our customers more capability and choice as they seek to maximize the business value of existing IT assets, leveraging their business logic and data to innovate in new ways – what we call bridging the old and the new.

HPE Software's software products are similar in nature and complementary to our own, and following successful completion will enable Micro Focus and its business partners to offer significant additional customer value. HPE Software's software solutions span across IT Management, Enterprise Security, Information Management & Governance and Big Data & Analytics. The proposed Merger is entirely consistent with the Micro Focus growth strategy, and brings additional depth and breadth to the value we can offer on a global basis.

Also, at the same time, Micro Focus and HPE announced their intent to enter into a commercial partnership naming SUSE as HPE's preferred Linux partner as well as exploring additional collaboration leveraging SUSE's OpenStack expertise for joint innovation around HPE's Helion Openstack and Stackato Platform-as-a-Service solutions.

This is an exciting and important development but I want to assure you we will not be distracted from our goal of delivering great products and the highest levels of service in support of your business. Thank you for your commitment to our products and our company. If you have questions do not hesitate to contact your Micro Focus account manager.

Yours sincerely,

Stephen Murdoch
 Chief Executive Officer, Micro Focus