As the CEO of Micro Focus, Tony Hill sees Cobol applications on mainframes as assets that IT organizations can leverage on new, more nimble Windows, Linux and Unix platforms running Web services ...

Micro Focus shareholders get a sweet buyout deal. Open Text investors may be questioning the purchase price. This could be the best outcome for Micro Focus shareholders. The catalyst that sent shares ...

Shares of enterprise software company Micro Focus (NYSE: MFGP) jumped on Tuesday, following an analyst's move to upgrade his rating on the stock. Shares of the stock increased as much as 12.6% but ...

Canadian-based Open Text's shares suffered from a downside of 20% when it announced the deal to acquire the U.K.'s Micro Focus. It could be because the merger synergies are not immediately obvious. To ...

Micro Focus announced that its mainframe application modernization solution will tightly integrate with Google Cloud's Dual Run product. Dual Run works with the Micro Focus production platform ...

‘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,’ ...

Shares of enterprise software company Micro Focus (NYSE: MFGP) tumbled on Wednesday. The stock fell by as much as 16.9%, and was down by 15.3% as of 3:15 p.m. ET. The pullback followed the release of ...

Enterprise software provider OpenText Corp. will acquire Micro Focus International plc, another major player in the enterprise software market, for $6 billion. The companies announced the acquisition ...

You see a lot of acquisitions come down the pike when you cover enterprise software. Many are pedestrian for the most part, even if they involve large sums of money, but today’s news that OpenText is ...

IBM alleges that software partner Micro Focus copied its proprietary file format and broke a contract with the company, in a suit filed Monday in the Southern District of New York. IBM has filed a ...

The company's cost-cutting efforts are driving strong free cash flow growth. Its interim results highlight a declining top line, with adjusted revenue falling almost 7% year over year. The pullback ...