What does Micro Focus International plc do?
Micro Focus is one of the world’s largest enterprise software providers. We deliver mission-critical technology and supporting services that help thousands of customers worldwide manage core IT elements of their business so they can run and transform—at the same time.
What happened to Micro Focus International?
On 7 September 2016, Micro Focus announced its intent to merge with Hewlett Packard Enterprise’s software business segment. The merger was completed on 1 September 2017.
Who owns Micro Focus International plc?
Micro Focus International is not owned by hedge funds. The company’s largest shareholder is Dodge & Cox, with ownership of 17%. With 7.2% and 5.0% of the shares outstanding respectively, BlackRock, Inc. and M&G Investment Management Limited are the second and third largest shareholders.
Is Micro Focus and hp same?
1 September 2017. Micro Focus (LSE: MCRO. L, NYSE: MFGP) today announced the completion of its merger with Hewlett Packard Enterprise’s (HPE) software business to create the seventh largest pure-play enterprise software company in the world.
Is microfocus profitable?
Year on year Micro Focus International PLC had revenues fall -3.37% from 3.00bn to 2.90bn, though the company grew net income from a loss of 2.97bn to a smaller loss of 424.40m….Inc stmt in USDIncome statement in USDView more.
|Net profit margin||-15.00%|
Who uses Micro Focus?
We have data on 5,024 companies that use Micro Focus….Who uses Micro Focus?
Where did Micro Focus stock come from?
Micro Focus became listed on the New York Stock Exchange (NYSE) on 1 September 2017 upon closing of the Company’s merger with Hewlett Packard Enterprise Company’s software business segment. The Company’s Ordinary Shares are traded on the NYSE in the form of American Depositary Receipts (ADR).
Did microfocus buy HP?
Micro Focus International Plc acquired part of Hewlett Packard Enterprise Co.’s software assets in an $8.8 billion deal in 2017, trebling its headcount in the process.
Was Micro Focus International a spin-off?
Hewlett Packard Enterprise, software business division, completes spin-off and merges with Micro Focus International, a British company. On September 1st, 2017, both companies have announced on their official website the conclusion of a transaction valued at US$8.8 billion.
Who did Micro Focus buy?
In 2016, it agreed the reverse takeover of HP’s software division. The deal valued the two companies at $8.8 billion, giving Micro Focus a place in the FTSE 100 when it was completed in 2017.
Should I buy Micro Focus International stock?
Valuation metrics show that Micro Focus International PLC Sponsored ADR may be undervalued. Its Value Score of A indicates it would be a good pick for value investors. The financial health and growth prospects of MFGP, demonstrate its potential to outperform the market.
Is Micro Focus International a good stock to buy?
Micro Focus International has received a consensus rating of Buy. The company’s average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Why invest in Micro Focus?
Subscribe to stay up-to-date with our latest investor information. At Micro Focus, we help organisations run and transform their businesses. Driven by customer-centric innovation, our software provides the critical tools needed to build, operate, secure, and analyse the enterprise.
Who is behind Micro Focus’ success?
Our success is driven by an experienced team that upholds core values shared across the entire company. Stephen is our Chief Executive Officer and a member of the Micro Focus board, positions he has held since 19 March 2018.
What does Nick Wilson do at Micro Focus?
Nick Wilson is the Worldwide President of Sales for Micro Focus. Nick leads our Sales, Services, Support and Customer Success teams worldwide and is responsible for delivering on our commitment to our customers’ success.