Micro Focus Explained

Micro Focus International plc
Type:Subsidiary
Traded As:
  • LSE

    MCRO (2005⁠–2023)

  • (2017⁠–2023)
Industry:Information technology
Products:Enterprise application integration and management software
Successor:OpenText
Founder:Brian Reynolds
Key People:
Services:IT consulting
Revenue: (2021)
Operating Income: (2021)[1]
Num Employees:11,000 (2022)
Subsid:
Location:Newbury
Location Country:England
Parent:OpenText

Micro Focus International plc was a British multinational software and information technology business based in Newbury, Berkshire, England. The firm provided software and consultancy. The company was listed on the London Stock Exchange and the New York Stock Exchange until it was acquired by the Canadian software firm OpenText in January 2023.

History

Micro Focus was founded by Brian Reynolds in Notting Hill in 1976.[2] [3] 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.[4]

In 1998, the company acquired Intersolv, Inc., an applications enablement business, for [5] and the combined business was renamed Merant.[2] The same year the company acquired XDB Systems with their XDB Enterprise Server relational database management system.[6] In 2001 the business was demerged from Merant with help from Golden Gate Capital Partners and once again became Micro Focus.[7] It was listed on the London Stock Exchange in 2005.[8]

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.[9] [10] [11]

In June 2008, the company acquired the Israeli NASDAQ listed software company NetManage for .[12]

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.[13]

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.[14]

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 in damages but later increased this to 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.[15]

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.[16]

On 15 September 2014, Micro Focus announced that it would acquire The Attachmate Group for 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.[17] [18] With the purchase of Attachmate, Micro Focus became the owner of the Unix operating system.[19]

In 2015, Micro Focus acquired Authasas, which produces authentication middleware.[20]

On 22 March 2016, Micro Focus announced its intent to acquire Serena Software, then valued at .[21] The acquisition was completed on 2 May 2016.[22]

On 7 September 2016, Micro Focus announced its intent to merge with Hewlett Packard Enterprise’s software business segment.[23] [24] The merger was completed on 1 September 2017.[25]

On 4 October 2016, Micro Focus announced it had acquired Gwava Inc., an enterprise information archiving business.[26]

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.[27]

On 2 July 2018, it was announced that Micro Focus would sell its SUSE business segment to EQT AB for $2.535 billion.[28] [29]

In July 2020, Micro Focus acquired Turkish cybersecurity company ATAR Labs for $8 million.[30] [31]

In August 2022, Canadian software firm OpenText announced that it would acquire Micro Focus in a deal valued at US$6billion.[32] The acquisition was approved by the court on 27 January 2023, so allowing the transaction to be completed on 31 January 2023.[33] [34]

Acucorp, Inc.

Acucorp was founded in 1988 by sister and brother, Pamela Coker, CEO, and Drake Coker, Chief Scientist. Drake wrote a file system, Vision, and a COBOL compiler, ACUCOBOL-85, now called ACUCOBOL-GT.[35] [36] [37] [38] ACUCOBOL-GT offers a comprehensive set of extensions for programming and managing Graphical User Interfaces (GUIs). With these extensions, an ACUCOBOL-GT developer can add a full-featured GUI entirely in COBOL to an existing program.[39]

Liant Software Corporation

See main article: article and Digitek. Liant Software Corporation was founded in 1983.[40] This company was an outgrowth of the 3-way partnership named Digitek and a successor named Ryan-McFarland Corporation, which was sold to an Australian company named Austec. They sold it to a company named Language Processors, Inc - later renamed Liant Software Corporation. The latter was acquired by Micro Focus International.[13] Liant was still advertising its Open PL/I product in 1995.[41]

Ryan-McFarland Corporation

Dave McFarland and Don Ryan, both with a Digitek background, co-founded Ryan-McFarland Corporation.[42] Ryan-McFarland was a major source for FORTRAN, COBOL and BASIC in the PC arena.[43] [44] [45]

Notes and References

  1. Web site: Annual Report 2021. 17 February 2022. Micro Focus International plc.
  2. Web site: Micro Focus: History . https://web.archive.org/web/20080912203753/http://investors.microfocus.com/mcro/investor-info/summ-hist/ . 12 September 2008.
  3. Web site: The 40-year Micro Focus Story. Deleen Wilson. 2 December 2023.
  4. . 30 April 1981 . Software industry receives royal treatment . New Scientist . 90 . 1251 . 289 . 0262-4079.
  5. Web site: FindArticles.com - CBSi .
  6. Book: Aggarwal, Vinod . Winning in Asia, European Style: Market and Nonmarket Strategies for Success . 2001 . Palgrave . 978-1-349-63239-8 . New York . 146.
  7. Web site: City & Corporate: FD wins Micro Focus equity listing bid - PR Week . 31 March 2015 . brandrepublic.com.
  8. Web site: Dominic Elliott . Micro Focus IPO scrapes home after price cut . 31 March 2015 . efinancialnews.com.
  9. Web site: Micro Focus acquires Acucorp. 2021-03-04. 3000 NewsWire.
  10. Web site: Micro Focus Acquires Acucorp. 2021-03-04. Software Equity Group. en-US.
  11. Web site: Acucorp Acquired By Micro Focus - socaltech.com. 2021-03-04. www.socaltech.com.
  12. Web site: 18 June 2008 . Micro Focus completes acquisition of NetManage, Inc . dead . https://archive.today/20130105041048/http://www.reuters.com/article/pressRelease/idUS172535+18-Jun-2008+BW20080618 . 5 January 2013 . 11 October 2009 . Reuters.
  13. Web site: 11 July 2008 . Micro Focus buys Liant, PL/I, modernization capabilities picked up . 8 May 2018 . InfoWorld.
  14. Web site: 6 May 2009 . Micro Focus buys Borland Software for $75 million . InfoWorld.
  15. Web site: 2013-04-26 . NSW hit with $1.8m legal bill after piracy case . 27 April 2013 . SMH.
  16. Web site: 24 December 2012 . Micro Focus International plc - Acquisition of Orbix, Artix and Orbacus software product lines for $15m . https://web.archive.org/web/20131104025914/http://www.microfocus.com/aboutmicrofocus/pressroom/releases/pr20121224275101.asp . 4 November 2013 . Micro Focus International plc.
  17. News: 15 September 2014 . Micro Focus to Buy Attachmate in $1.2 Billion Share Deal . Bloomberg . 15 September 2014.
  18. News: 15 September 2014 . Micro Focus to Buy Attachmate in $1.2 Billion Deal . The Wall Street Journal . 15 September 2014.
  19. 23 May 2016 . The Oracle-Google Case Will Decide the Future of Software . Wired . 24 May 2022.
  20. News: International acquisition of Authasas strengthens security cluster in West Holland . InnovationQuarter . 9 April 2017 . https://web.archive.org/web/20161104002347/http://www.innovationquarter.nl/nieuws/international-acquisition-authasas-strengthens-security-cluster-west-holland . 4 November 2016.
  21. Web site: 22 March 2016 . Micro Focus International plc - Micro Focus Announces Intent to Acquire Serena Software, Inc. . Micro Focus International plc.
  22. Web site: 2 May 2016 . Micro Focus Completes Acquisition of Serena Software, Inc. . Micro Focus International plc.
  23. News: 14 December 2016 . Micro Focus shares lifted by surprise first-half revenue rise . Reuters .
  24. Web site: 7 September 2016 . Micro Focus Announces Intent to Merge with Hewlett Packard Enterprise's Software Business Segment . Micro Focus International plc.
  25. Web site: 1 September 2017 . Micro Focus Completes Merger with HPE Software Business, Creating One of World's Largest Pure-play Software Companies . 4 September 2017 . Micro Focus International plc.
  26. Web site: 4 October 2016 . Micro Focus Acquires GWAVA, Inc. . 11 March 2018 . PR Newswire.
  27. News: 19 March 2018 . UK tech giant Micro Focus halves in value as shares crash . BBC News .
  28. Burton . Graham . 2 July 2018 . Micro Focus to sell SUSE Linux to private equity firm for US$2.5bn . . 29 August 2018.
  29. Web site: Proposed sale of the SUSE Business . 2018-07-02 . otp.investis.com.
  30. Web site: Micro Focus buys Istanbul-based ATAR Labs to expand its enterprise security services . 2020-07-14 . Tech.eu . 13 July 2020 . en-US.
  31. Web site: Micro Focus Full Year results for the year ended 31 October 2021 . 2024-02-17 . microfocus.com . 8 February 2022 . en-US.
  32. News: Open Text to Buy Software Firm Micro Focus at 99% Premium . 25 August 2022 . . Decloet . Derek . limited . https://archive.today/20220825225241/https://www.bloomberg.com/news/articles/2022-08-25/open-text-to-acquire-software-firm-micro-focus-at-99-premium . 25 August 2022 . live.
  33. News: Micro Focus expects takeover by OpenText to complete next week. Shares Magazine. 27 January 2023. 31 January 2023.
  34. Web site: Haranas . Mark . Layoffs Ahead As OpenText Closes $5.8B Micro Focus Buy. 31 January 2023 . CRN.
  35. Web site: Drake Coker, Chief Scientist and Co-Founder, Acucorp, Inc.. 2021-03-04. spoke.com.
  36. Book: Radding, Alan. Computerworld. 1996-07-29. John Amato. International Data Group.
  37. Web site: Stellar Women. 2021-03-04. Stellar International Networks.
  38. Web site: Acucorp Company Profile: Acquisition & Investors PitchBook. 2021-03-04. pitchbook.com. en.
  39. Web site: Micro Focus Documentation. 2021-03-04. www.microfocus.com.
  40. Web site: Liant Software Corp . . Liant Software Corp was founded in 1983..
  41. May 29, 1995 . Open PL/I . . 77.
  42. Web site: code comments archive . Don Ryan went on with Dave McFarland, also from Digitek, to found Ryan-McFarland.
  43. A. Marani . 1990 . Ryan-McFarland and Microsoft . Journal of Chemical Information and Modeling . 30 . 96–97 . 10.1021/ci00065a600 . Two FORTRAN Compilers for Microcomputers: Ryan-McFarland and Microsoft ....
  44. Web site: 1987-10-12 . RM Cobol, Fortran . InfoWorld . Similarly, for the past 20 years Ryan-McFarland Corp. has offered its customers standard Cobol and Fortran compilers and tools..
  45. Book: TRS-80 Manual: Compiler BASIC . 1981.