Mirco Focus completes their merger with Hewlett Packard
|Christian Hargrave in Enterprise Wednesday, September 6, 2017|
The Hewlett Packard-Micro Focus merger has been completed making Chris Hsu the new CEO of Micro Focus.
“Today marks a significant milestone for Micro Focus, and I am honored to be leading this team,” said Chris Hsu, Chief Executive Officer of Micro Focus. “We are bringing together a powerful combination of technology and talent uniquely positioned to drive customer-centered innovation at enterprise scale - enabling organizations to maximize the ROI of existing software investments while embracing the new hybrid model for enterprise IT.”
According to a recent report published by the Harvard Business Review, “Business leaders anticipate that even more of their applications will reside in various third-party data centers in the near future. But critical legacy applications may not be going anywhere for some time. So orchestrating a mix of systems will become even more critical. Hybrid IT will be the dominant approach - and developing robust hybrid IT capabilities will be a competitive advantage.”
“Our business strategy remains sound: bringing together software assets that deliver a high degree of value to our investors and an expansive solution portfolio to our customers so they can maximize the value of existing IT investments and adopt new technologies – essentially bridging the old and new,” said Kevin Loosemore, Executive Chairman of Micro Focus. “We’re excited to have Chris lead the combined company as we embark on this journey of uniting our organizations to create a world-class, pure-play enterprise software company.”
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