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Micro Focus Issues  (Updated Apr 30, 2022.)

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How to get your LinkedIn profile to show the correct company for each position. LinkedIn Tips & Traps - Positions

Apr 29, 2022: Five shareholders who "...purchased or acquired Micro Focus ADSs [American Depository Shares]... in connection with the Merger of Micro Focus and the software business segment of HPE, which was completed on September 1, 2017" have filed a class action against Micro Focus and HPE -- alleging that "...a number of problems seriously undermining Micro Focus’s business and prospects" were not disclosed and citing "...a decline of more than 54% from the Merger closing price..." Details: Micro Focus Suit

Contacts: Micro Focus UK and U.S. Headquarters [scroll down]  Other countries: https://www.microfocus.com/about/contact/

On Sep 9, 2017, HPE Software was spun out and merged with the UK company. Details and tax issues for HPE stockholders.

Micro Focus is a completely separate company -- not a legal successor corporation to HP or HPE.

Which HP-related companies have me classified as a retiree or former employee? Given HP's history of acquisitions and spinoffs, this may not be obvious. If any doubt, check here: Which Company

Employment verification and experience letters for Hewlett-Packard, Hewlett Packard Enterprise, and related companies. Employment and Experience Verification

If you have stock paperwork or certificates for Micro Focus:  Micro Focus Stock   

For those who transitioned to Micro Focus:

- 401(k) Members report that the next 401(k) match payout was to be on the date of their transition.

- Classified as a former employee or retiree of HPE. Treated as though you left HPE to join any other company. Entitled to whatever retiree coverage you qualified for at the time you left HPE. (HPE retirees -- depending on age, years of service, and other factors -- may qualify for what HP confusingly calls the "Pre-2003 HP Retiree Medical Program" -- as opposed to the current "HP Retiree Medical Program." ("2003" refers to the year in which HP cut back the program, not your year of retirement.) Legally retirees of HPE. However, HPE has paid HPInc to administer health benefits for those HPE retirees. Details: Pre-2003 HP Retiree Medical Program


Fortune article summarizing breakup of Hewlett-Packard into HPInc, Hewlett Packard Enterprise, DXC, and Micro Focus.

"Transaction valued at approximately $8.8 billion, including 50.1% ownership of the new combined company by HPE shareholders and a $2.5 billion cash payment to HPE." --original Sept 7, 2016 HPE announcement

Pre-spinoff diagram of Micro Focus product history, including the product lines being acquired from HPE -- ArcSight, Autonomy, Mercury, Opsware, Peregrine, Tower, Vertica  -- with the original HP acquisition price for each. MicroFocus-HPES Portfolio 4/1/17

Micro Focus sold the Atalla hardware security business (formerly part of HPE)  Announcement   Also sold the profitable 1,400-employee SUSE Linux business (formerly part of Novell) for $2.5 billion in cash. Announcement  Financial Times  The Register


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