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 ...
A megabucks enterprise acquisition that closed six months ago could lead to thousands of patents landing on the open market. Chief among them, Micro Focus’s assets would help OpenText diversify its ...
Cobol, CICS for .Net eyed as Micro Focus extends its Windows-based portfolio to provide managed code for 64-bit offerings Micro Focus and Microsoft are working to bolster efforts to enable Cobol-based ...
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 ...
Are acquisitions the best way for a large company to keep growing? Since the majority of acquisitions fail to earn back their cost of capital, the answer is maybe. As I have written, acquisitions can ...
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 ...
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