OpenText Buys Micro Focus: Potential MSP and Security Implications
Micro Focus has a large, enterprise software portfolio. But there are also MSP and cybersecurity implications here.For instance, OpenText already owns Webroot and Carbonite -- which promote cybersecurity and data protection solutions to MSPs and VARs in the SMB sector. OpenText has also partnered with Blackpoint Cyber to offer MDR services.On the flip side, Micro Focus owns a range of cybersecurity tools.For example:- 2022: CyberRes, the security business owned by Micro Focus, acquired Debricked, an open source toolkit provider that helps customers to secure their software supply chains. More recently, CyberRes partnered with Google Cloud to enable secure cloud analytics with data privacy.
- 2020: Micro Focus acquired Atar Labs, a security orchestration, automation, and response (SOAR) technology software provider, in 2020.
- 2019: Micro Focus acquired security analytics platform provider Interset.
OpenText CEO Perspectives, 'Cost Synergies'
Still, OpenText is touting the business combination. In a prepared statement, OpenText CEO & CTO Mark J. Barrenechea said:"We are pleased to announce our firm intention to acquire Micro Focus, and I look forward to welcoming Micro Focus customers, partners and employees to OpenText. Upon completion of the acquisition, OpenText will be one of the world's largest software and cloud businesses with a tremendous marquee customer base, global scale and comprehensive go-to-market. Customers of OpenText and Micro Focus will benefit from a partner that can even more effectively help them accelerate their digital transformation efforts by unlocking the full value of their information assets and core systems."