|Public limited company|
|Traded as||LSE: MCRO
FTSE 100 Component
|Headquarters||Newbury, England, UK|
|Products||Enterprise application integration and management software|
|Revenue||US$1,380.7 million (2017)|
|US$390.7 million (2017)|
|US$157.8 million (2017)|
Number of employees
Micro Focus International plc is a multinational software and information technology business based in Newbury, Berkshire, England. The firm provides software and consultancy. The company is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index.
The company was founded in 1976, and in its early years, concentrated on COBOL products. 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.
In 1998, the company acquired Intersolv Inc, an applications enablement business, for US$534 million and the combined business was renamed Merant. The same year the company acquired XDB Systems with their XDB Enterprise Server relational database management system. In 2001 the business was demerged from Merant with help from Golden Gate Capital Partners and once again became Micro Focus. It was listed on the London Stock Exchange in 2005.
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 A$10 million in damages but later increased this to A$12 million 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.
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.
On 15 September 2014, Micro Focus announced that it would acquire The Attachmate Group for US$1.2 billion in shares, which will 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, will hold a 40% stake in Micro Focus post-acquisition.
In 2015, Micro Focus acquired Authasas, which produces authentication middleware.
On 4 October 2016, Micro Focus announced it had acquired Gwava Inc., an enterprise information archiving business.
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.
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