Mumbai: OpenText has completed the purchase of Micro Focus. This will help OpenText provide expanded offerings to support the customer’s growing needs to digitize and work smarter. With 25,000 experts strong and customers that fuel their innovation, the world of information management in the cloud, as per claims, just got stronger.
OpenText powers and protects information to elevate every person and every organization to be their best. With this, it becomes the platform of platforms for Information Management. OpenText says it expects to reduce the company’s workforce by 8 percent following its $5.8 billion acquisition Tuesday of Micro Focus.
Digital life is life, and with Micro Focus’ great products, amazing talent and strategic partners, we will help organizations of all sizes accelerate their digital transformations.
With this acquisition, OpenText’s corporate mission expands to help enterprise professionals secure their operations, gain more insight into their information, and better manage an increasingly hybrid and complex digital fabric with a new generation of tools, including Cybersecurity, Digital Operations Management, Applications Automation, and advanced Analytics and AI.
According to OpenText, the merger will create a workforce of approximately 25,000 professionals. Micro Focus has around 11,000 employees worldwide, while OpenText has around 14,000 total employees on a global basis.
