HPE offloads software arm to Micro Focus

Hewlett Packard Enterprise will spin off and merge what it considers its non-core software assets with U.K.-based enterprise software firm Micro Focus in a deal worth $8.8 billion, the company said Wednesday.

Included in the bundle being offloaded are HPE’s businesses focusing on application delivery management, big data (via HP's ill-fated purchase of Autonomy in 2011), enterprise security, information management and governance, and IT operations management. Combined with Micro Focus,...

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