If it ain't broke, don't fix it; but keep paying maintenance in case it does break...
Micro Focus spends $540m to add Serena its software brand museum
Micro Focus International is splashing out $540m to scoop up Serena Software – or more specifically, its recurring maintenance revenues, to add to its stable of once great, now slightly dusty software brands. LSE-listed mainframe specialist Micro Focus is simultaneously raising $216m in a placing to help pay for the deal, …
COMMENTS
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Tuesday 22nd March 2016 13:36 GMT Doctor Syntax
"once great, now slightly dusty software brands....high EBITDA margins, with consistently strong cash generation"
A good business model once you get over the notion that you've got to grow and grow and grow.... And more rational because at some point the market's saturated and there's no more growth to be had.
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Sunday 27th March 2016 17:27 GMT I. Aproveofitspendingonspecificprojects
> Borland... haven't heard that name for a while...
Was it on the ropes for a while before that?
Bet 365 seem to think it has a future in the same old same old:
Find a bunch of fools and take their money equates to find a selection of non participants and and accrue their overspill.
How far back does being able to track your emails go?
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Tuesday 22nd March 2016 16:32 GMT Anonymous Coward
Give it another 20 years
And they will be buying the Redmond Remnants for small change so that they can add COBOL to Visual Studio and port IE6 onto the mainframe.
It's sort of sad to see these old names like Big Blue and the Redmond Remnants slowly disintegrate.
But you can't fight Karma: what you sow is what you reap (in the end).
So keep an eye open for peak Google.
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Wednesday 23rd March 2016 23:50 GMT Michael Wojcik
Re: Give it another 20 years
Cobol has already been added to visual studio. COBOL can even be compiled to managed code.
Yep. And there's JVM managed COBOL with Eclipse integration. (Visual Studio and Eclipse can also be used for native-code COBOL, of course. Though my favorite IDE remains bash + vim + make.)
The new streamlined syntax for managed OO COBOL is pretty nice, too. Now that I can finally create closures using anonymous delegates in COBOL I can get some real work done.
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