[Infowarrior] - Fwd: HP sells a software business

[Richard Forno]

> Begin forwarded message:
> 
> From: dan
> 
> [ isn't this about half of HP's employee base? ]
> 
> 
> http://www.bbc.co.uk/news/business-37303066
> 
> UK tech firm Micro Focus is buying the software business of a
> division of Hewlett-Packard for $8.8bn.
> 
> The deal makes Micro Focus one of the UK's biggest tech companies,
> with total annual revenues of $4.5bn.
> 
> It is acquiring assets from Hewlett Packard Enterprise (HPE),
> including former UK tech champion Autonomy which HP bought in an
> ill-fated deal in 2011.
> 
> Micro Focus was promoted to the FTSE 100 last week, replacing ARM
> after it was bought by Japan's Softbank.  A string of acquisitions
> has turned Micro Focus, based in Berkshire, England, from being a
> relatively small player to being worth over 5bn, with revenues
> doubling in 2015.
> 
> Shares in Micro Focus closed 14.5% higher at 22.38 after jumping
> as much as 21%, making it the biggest riser on the FTSE 100.
>