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, which acquired Attachmate in 2014 and owns Linux company Suse, it will create one of the world’s largest pure-play software companies, HPE said, with a combined sales force of about 4,000 people.

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