Micro Focus – it’s all about the cash

I have just whiled away a morning with the top team at Micro Focus, who were presenting their product line – vastly enlarged since the $2.4bn acquisition of Attachmate Group (see here) – to investors and analysts.

It’s a good story (well, series of stories) and I ‘get it’ and I like it. It turns the word ‘legacy’ into something far more interesting – perhaps especially so for investors.

The way I like to think about Micro Focus is as a product lifecycle management company. I don’t mean they sell PLM products. What I mean is that they manage the life cycle of their huge portfolio of software products, but with the express aim of generating cash. But of course this strategy is not without its challenges.

Eligible TechMarketView subscription service clients can learn more in the expanded version of this post in UKHotViews Extra.

Posted by Anthony Miller at '16:02'