OpenText pushes acquisitive approach to growth with $6B Micro Focus deal

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 buying Micro Focus for a total value of $6 billion feels a bit different.
Micro Focus, a British company, built much of its business buying legacy software companies like Borland, Novell and Cobol-IT. Its highest-profile deal was an $8.8 billion agreement in 2016 to partner with HPE on part of its enterprise software portfolio.
Aside from some of the pieces in the HPE portfolio, like the infamous

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