Hybrid IT

HPE completes spin-off and merger deal with Micro Focus

HPE, on Friday, announced that the spin-off and merger of its software business with Micro Focus International has now been completed. This completion will deliver approximately $8.8 billion to the HPE and its stockholders. HPE feels that it is now a stronger and more focused company, and ready to compete the market. HPE will now focus on simplifying the Hybrid IT, offering the flexible consumption models, and innovating the intelligent edge. HPE is a leading technology company which was formed in 2015 when the company once known as Hewlett-Packard got split into HP Inc and HPE. The services of HPE is helping its customers make IT more efficient, productive and secure, and accelerating the digital transformation. While, Micro Focus is a global enterprise in Newbury, U.K., and has a portfol...

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