Announced
Completed
Synopsis
OpenText, a company that develops and sells enterprise information management software, completed the acquisition of Micro Focus International, a software and information technology, for $6bn. "We are pleased to announce our firm intention to acquire Micro Focus, and I look forward to welcoming Micro Focus customers, partners and employees to OpenText. Upon completion of the acquisition, OpenText will be one of the world's largest software and cloud businesses with a tremendous marquee customer base, global scale and comprehensive go-to-market. Customers of OpenText and Micro Focus will benefit from a partner that can even more effectively help them accelerate their digital transformation efforts by unlocking the full value of their information assets and core systems," Mark J. Barrenechea, OpenText CEO & CTO.
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