Micro Focus, a British software and IT firm, will take over Hewlett Packard’s software division for £6.6 billion. The deal makes Micro Focus a business with total annual revenues of £3.4 billion. Some analysts are hailing the deal as a return of UK acquisitions after the uncertainty of the Brexit referendum.
For more information, click here.
For weekly news updates, subscribe to our email newsletter.
Related news: HP Enterprise to sell majority stake in Mphasis