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 ...
One of the understandable limitations of quantitative analysis is its inability to predict executive actions. Micro Focus International (MFGP) scored poorly on Seeking Alpha's dividend scorecard and ...
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 ...
OpenText says it expects to reduce the company’s workforce by 8 percent following its $5.8 billion acquisition Tuesday of Micro Focus. OpenText completed its massive $5.8 billion acquisition Tuesday ...
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 ...
Shares of Micro Focus International (NYSE: MFGP) charged sharply higher on Friday morning, surging as much as 96.8%. At the same time, shares of Open Text (NASDAQ: OTEX) slumped as much as 13.4%. As ...
"We are pleased to announce our firm intention to acquire Micro Focus, and I look forward to welcoming Micro Focus customers, partners and employees to OpenText," said OpenText CEO & CTO Mark J.
Micro Focus has announced the general availability of Visual COBOL 7.0 and Enterprise Suite 7.0, providing flexible application, process and infrastructure modernization solutions for COBOL and ...