Micro Focus completes merger with HPE Software Business

Tech firm Micro Focus today said its merger with Hewlett Packard Enterprise's (HPE) software business has been completed.
Last year, HPE had said it will sell its software business to Micro Focus in a USD 8.8 billion deal.
This deal marks the creation of the world's seventh largest pure-play enterprise software company in the world, it said in a statement.
Chris Hsu, formerly COO of HPE and Executive Vice President and General Manager of HPE Software, has been appointed as CEO of Micro Focus.
With more than 5,800 employees in R&D, the combined company will deliver solutions around DevOps, Hybrid IT and security and risk management, and predictive analytics.