HPE offloads software arm to Micro Focus in $8.8 billion 'spin-merge'

September 8, 2016 12:02 AM

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HPE offloads software arm to Micro Focus in $8.8 billion 'spin-merge'

The move will make HPE a far more attractive target for a possible sale, one analyst said

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.

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