Good going from a local firm which has been in this area for a long time.
8th September 2016
UK tech firm Micro Focus will buy Hewlett-Packard's software business in a deal worth $8.8bn (£6.6bn).
Hewlett Packard Enterprise (HPE) includes the assets of Autonomy, the UK software group that HP bought in an ill-fated deal in 2011.
The deal makes Micro Focus one of the UK's biggest tech companies, with total annual revenues of $4.5bn (£3.4bn).
Micro Focus was promoted to the FTSE 100 last week, replacing ARM after it was bought by Japan's Softbank.
A string of acquisitions has turned Micro Focus, based in Newbury, England, from being a relatively small player to being worth over £5bn, with revenues doubling in 2015.
Full Article
UK tech firm swoops on HP software unit in £6.6bn deal
+54
A very interesting profile...similar in approach to the firm I work for. But nice to see a UK firm taking on the big boys from over The Pond. ;)
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