Reply to post: Prescient

HPE wraps up $8.8bn Micro Focus software dump spin-off

Nick Kew

Prescient

Someone on an investor board once asked if Micro Focus (MCRO) was like a cheaper Autonomy. How prescient! Though MCRO's share price has quadrupled since then, it's still a lot cheaper than Autonomy was at the time HP swallowed it.

MCRO seems to be quite indecently successful at swallowing up once-great names - from Borland to Novell - and making a successful business of it. My pension fund hopes they make a big success of this latest acquisition. At least it looks more promising than HP swallowing EDS and Autonomy in a vain effort to play MeToo with IBM and Oracle.

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