HPE to spin-off and merge non-core software with Micro Focus

Hewlett Packard Enterprise (HPE) has announced plans for a spin-off and merger of its non-core software assets with Micro Focus in a transaction valued at approximately $8.8 billion.

The combination of these software assets which includes HPE’s Application Delivery Management, Big Data, Enterprise Security, Information Management & Governance and IT Operations Management businesses and Micro Focus’ highly complementary portfolio will create one of the world’s largest pure-play software companies.

The move enables Hewlett Packard Enterprise to realize its vision of being the industry’s leading provider of hybrid IT, built on the secure, next-generation, software-defined infrastructure that will run customers’ data centers today, bridge them to multi-cloud environments tomorrow, and enable the emerging intelligent edge that will power campus, branch and IoT applications for decades to come....Read More

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