How to get your LinkedIn profile to show the correct company
for each position.
LinkedIn Tips & Traps - Positions
Contacts:
Micro Focus UK and U.S. Headquarters [scroll down] Other
countries:
https://www.microfocus.com/about/contact/
Micro Focus is a completely separate company
– not a legal successor to EDS or HPE.
Which HP-related companies have me classified as a retiree or former employee?
Due to acquisitions and spinoffs, may not be obvious:
Which Company
Employment verification for former employees of HP, HPE, and related companies -- worldwide.
https://www.hpalumni.org/verif
Received a "Potential Private Retirement Benefit" letter from U.S. Social Security? Saw an ad about unclaimed property?
Who to contact:
https://www.hpalumni.org/PotentialBenefitLetter
If you have stock records or paper stock 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.
-
Some HPE retirees who worked at HP before the 2015 split may qualify for the *HPInc* "Pre-2003" retiree medical program.
Depending on your age and history with HP and predecessors, you
may qualify for either the former, current, or DEC retiree
medical plan. (For the more-generous former plan -- confusingly
named "Pre-2003" -- you must have been born on or before June
30, 1957 -- unless your were in certain EER cycles or otherwise
notified.) See detailed rules in the Summary Plan Description:
https://www.hpalumni.org/HPIncHealthSPD.pdf
If rules were misapplied or HP's records were in error, members have
successfully appealed -- see page 40 of the SPD for the contact at Corporate.
Fortune
article summarizing breakup of Hewlett-Packard into HP Inc,
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
Sep 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
March and April, 2019:
Under pressure from a hedge-fund investor, Micro Focus sold the
profitable 1,400-employee SUSE Linux business (formerly part of Novell) for $2.5 billion in
cash.
Sale Completed
"Micro Focus
Sells Profitable Bits"
Micro Focus bought for cash by OpenText.
UK-based Micro Focus (NYSE American Depositary Shares: MFGP) purchased
for cash by Canada-based OpenText (NASDAQ: OTEX.)
Cash payment
532 UK pence (approx US$6.43) per share -- a 90% premium over the MFGP
share price before announcement.
Details of payout:
https://otp.tools.investis.com/clients/uk/micro_focus1/rns/regulatory-story.aspx?cid=108&newsid=1665079
OpenText will "...reduce the workforce by approximately 8%... Micro
Focus embarked on an acquisition spree... including Borland, Attachmate
Group, and HPE’s Software biz... ...revenue for the 12 months ended 31
October was down 7 percent... Good luck to all involved." OpenText
completes Micro Focus buy
OpenText is funding the deal with $4.6 billion in new debt, $1.3 billion
in cash, and $0.6 billion in revolving credit.
"Shares in Micro Focus jump 90% on news of £5bn Canadian takeover deal"
https://www.theguardian.com/business/2022/aug/26/shares-in-micro-focus-jump-90-on-news-of-opentext-5bn-canadian-takeover-deal
"Resting place of Novell -- and one-time home to SUSE -- finds new life
in the Great White North"
https://www.theregister.com/2022/08/26/opentext_micro_focus/
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